Apple Cuts Fourth-Quarter Orders for New IPhone 5c, WSJ Reports
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Apple Inc. is cutting fourth-quarter orders for its new iPhone 5c from assemblers in Taiwan, the Wall Street Journal reported.
Pegatron Corp. was told orders would be reduced by less than 20 percent and Hon Hai Precision Industry Co. was informed orders would be cut by a third, the Journal said, citing unidentified people familiar with the matter. One component supplier was notified of a 50 percent cut in orders for parts, the newspaper reported.