Tuesday, November 13, 2018

Reports of Reduced Component Orders Fuel Speculation Over Dismal iPhone XS/XR Sales

Apple’s No. 1 TrueDepth camera component supplier, Lumentum, on Tuesday dropped the bombshell revelation that one of its biggest customers recently requested a significant reduction to its previous component order — news which sent the company’s stock (LITE.O) tumbling 28 percent during early Tuesday trading, according to a Reuters report. While the VCSEL-maker stopped short of […]
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