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Wireless

Apple looks to suppliers as iPhone come under price pressure

Thursday 1 September 2016 | 12:05 CET | News
As carriers in China push iPhones at deep discounts, Apple is looking to better deals with its suppliers as a way to keep its margins, the Wall Street Journal reported. Apple suppliers have in recent months been told to accept price cuts for parts destined for the next-generation iPhone while cutting forecasts for order volume. This will likely hurt earnings for some suppliers in the second half of the year. Some component makers say Apple told them it could cultivate cheaper Chinese suppliers if they do not accept the price cuts.

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Categories: Mobile & Wireless
Companies: Apple / China Mobile / China Telecom / China Unicom
Countries: China / World
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