Advertisement

HindustanTimes Thu,25 Dec 2014

Apple cuts Q4 orders for iPhone 5C: source

Reuters  Taipei/Beijing, October 16, 2013
First Published: 15:15 IST(16/10/2013) | Last Updated: 12:45 IST(18/10/2013)

Apple Inc has told manufacturers of its new iPhone 5C that it will cut orders of the smartphone for the final three months of the year, a source familiar with the supply chain situation said.

Advertisement

Pegatron Corp, a major manufacturer of Apple's new phone, had iPhone 5C orders reduced by less than 20%, the source told Reuters on Wednesday.

Hon Hai Precision Industry Co, Apple's other manufacturer of the iPhone 5C, has had its orders for the same period reduced by a third, the Wall Street Journal reported.

The 5C is a slightly cheaper alternative to the premium 5S model.

Pegatron and Hon Hai declined to comment, while Apple could not be immediately reached for comment.


Advertisement
more from Business

Ajay Singh-led group to invest $217 mn in SpiceJet

A consortium of investors led by SpiceJet co-founder Ajay Singh is likely to invest $217 million (Rs 1,378 crore) to pick a substantial stake in the embattled airline, sources told HT.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved