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Tumble In Apple Lens Maker Share Prices Trigger Wave Of Drops In Other Suppliers

Video Credit: Wochit - Duration: 00:48s - Published < > Embed
Tumble In Apple Lens Maker Share Prices Trigger Wave Of Drops In Other Suppliers

Tumble In Apple Lens Maker Share Prices Trigger Wave Of Drops In Other Suppliers

Apple suppliers took a beating Thursday after the Taiwanese iPhone lens maker Largan Precision reported a big decline in sales.

According to Business Insider, it's the latest supplier to fall under pressure as fears of a slowdown in the smartphone market grow.

Apple shares fell more than 2% in premarket trading.

Largan Precision shares tumbled nearly 10% in premarket trading after the company reported a 29% drop in November revenue compared to the same month last year.

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