On Tuesday, we told you that Apple had reportedly initiated a second round of production cuts for the iPhone XS, iPhone XS Max and the iPhone XR. Some of the companies in Apple's supply chain are said to be negatively impacted, like iPhone camera lens supplier Largan Precision. A report from Digitimes says that Largan now expects its November revenue figure will drop below October's top line number. Career Technologies, which provides flexible printed circuit boards for iPhone models, recently laid off 110 workers directly due to order cuts from Apple.
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Tuesday 27 November 2018
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