Apple has reportedly reduced its number of iPhone X orders for the January-March quarter from a maximum 50 million to “20 million or fewer,” a new report claims. Further reductions are possible for the April-June quarter.
The figures are having a knock-on effect on Apple’s suppliers. Samsung, which makes OLED displays for the iPhone, saw its stock fall as much as 2.3 percent in morning trade, while shares of Japanese OLED component makers, including Hodogaya Chemical and Hirata Corp also declined.