Patent News

With Weaker Global PC and Smartphone Sales in Calendar Q1 2019, Foxconn & Pegatron Report Significant Profit Declines

Major iPhone assemblers Foxconn and Pegatron suffered significant profit declines in the quarter ended in March, as Apple’s decision to cut retail prices amid slowing demand hurt manufacturers, according to a new Nikkei Asian Review report. But it’s not as simple as pointing a finger at Apple alone.

View the original article here: With Weaker Global PC and Smartphone Sales in Calendar Q1 2019, Foxconn & Pegatron Report Significant Profit Declines

The article was originally posted on Patently Apple.
Each article is copyrighted to their original authors. We do not own any rights to the news or the images used. Whilst every care is taken to ensure that the news posts published are accurate, we cannot guarantee the authenticity of the news article on every occasion. There’s no copyright infringement intended. The news is for informational purposes only and does not provide legal advice.