iPhone component suppliers are purportedly bracing for lower than expected orders from Apple for Q1 2018, according to a DigiTimes report.Component orders for iPhone devices will come 15-30% less than expected for the first quarter due mostly to seasonal factors, but some sources argued that the slower-than-expected sales of iPhone 8 and iPhone 8 Plus have dragged down the momentum for the iPhone X.
It's said that order visibility for iPhone devices, particularly the iPhone 8 and iPhone 8 Plus, began to show signs of slowing in Q4 2017, with sales slower than expected. To address the reduced demand, suppliers are reportedly planning to temporarily halt production in February as the low order visibility and week-long Lunar New Year holiday will drastically bring down capacity utilization rates.
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