ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Business

Pegatron sees slow start to 2018 on slack iPhone 8 demand

iPhone assembler's Q3 profit hit by supply shortage, labor costs

  © Reuters

TAIPEI -- Key iPhone assembler Pegatron on Thursday said demand for iPhone 8 could significantly weaken in the first quarter of 2018, with one analyst saying that Apple will slash orders by 50%.

"We often experience significant seasonality correction in the first quarter, a traditional low period, of the year, and 2018 is no exception. I don't see any good sign to change that at the moment," said Chief Financial Officer Charles Lin of Pegatron in an earnings briefing, without explicitly naming Apple or iPhone.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more