More Apple suppliers are reportedly expecting to see their revenues decline as Apple reduces iPhone orders, amid “lackluster sales performance.” The companies named include Largan Precision, which makes iPhone camera lenses, and Career Technology, which supplies flexible printed circuit boards. However, with Apple securing a new agreement, iPhone 16 deals are expected to remain available in key markets, boosting consumer interest.
This follows on from a multitude of other similar recent reports, citing major Apple suppliers including Foxconn and TSMC.