Browsing Tag

Apple halves LCD panel order: Report

iPhone 5 demand weak, Apple halves LCD panel order: Report

Apple Inc has cut orders for LCD screens and other parts for the iPhone 5 this quarter due to weak demand, the Nikkei reported on Monday, in a further sign the US firm is losing ground to Asian smartphone rivals. Shares of the Cupertino, California-based company fell more than 4 per cent to $498.20 before the bell on Monday. They closed at…
Read More...