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IPhone sales decline: Apple suppliers are moving towards competition


Posted: March 19 2019
Updated: March 18, 2019

by Steve

It’s no secret to anyone, Apple is in trouble. A quite relative difficulty, because the apple brand continues to burst the ceiling of profits, even if sales actually experienced a historic worldwide decline at the end of last year. This decrease in sales has an impact, particularly on suppliers. To counteract this impact, they are trying to turn to Apple’s competition so as not to sink.

iPhone XS - iPhone sales decline: Apple suppliers are moving towards competition

According to the website Digitimes, renowned for relaying good information on Apple news, Largan Precision, which manufactures lenses for fingerprint recognition and 3D sensors, is currently discussing with competitors. So they have in the viewfinder Samsung, Huawei and Xiaomi to become their supplier and thus diversify and generate a little more profit.

The same applies to TSMC, which is responsible for burning the Apple chips and which therefore assembles the processors of the iPhone. Foxconn and Pegatron, too, are negotiating with Chinese manufacturers. As a reminder, iPhone sales fell 15% in the last quarter of 2018, during the Christmas period. A very bad message sent to investors in particular, that Tim cook try at all costs to win back. To do this, the CEO of Apple has rolled out a set of reductions worldwide, including in China. To see sales and turnover will increase again after these measures.