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Apple Suppliers Drop Globally After IPhone Output Cut Report

2016-01-06 16:56:50| Semiconductors - Topix.net

Apple Inc. suppliers from Asia to Europe fell after a report saying the world's most valuable company would reduce first quarter output of its latest iPhones by about 30 percent. Dialog Semiconductor Plc, which makes chips used in the iPhone and gets most of its sales from Apple, lost as much as 6.6 percent in Frankfurt after Nikkei Asian Review reported the output cut.

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