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Digitimes: Apple suppliers shipments down on month, expect weak Dec.

Published 12/08/2017, 12:45 PM
© Reuters. Digitimes: Apple suppliers shipments down on month, expect weak Dec.
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  • Digitimes sources report that Largan wasn’t the only Apple (AAPL +0.4%) supplier that had weak shipments in November with a further drop expected this month.
  • Catcher technology, a chassis maker, had revenue drop 10.4% on the month in November.
  • General Interface Solutions, which provides touch panels, had a 15.53% decline after expecting sales to grow into next year.
  • The sources say Apple lowered its iPhone X component orders 30% below forecast in November and expect the same sequential percentage drop in Q1 due to seasonality and fewer working days in the quarter. But Q1 shipments could grow on the year.
  • Apple suppliers that can move with news: Skyworks (SWKS -0.1%), Cirrus Logic (CRUS +0.7%), Qorvo (QRVO -0.4%), and Broadcom (AVGO -0.3%).
  • Previously: Apple suppliers recover after Broadcom sales comments (Dec. 7)
  • Previously: Apple suppliers drop after Largan warns of lower Dec. revenue (Dec. 6)
  • Now read: iPhone: Super-Cycle Or Super Expensive?


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