Three More Signs Smartphone Downturn Going From Bad to Worse

  • Japan Display back-pedals on a dividend pledged to investors
  • IPhone maker Pegatron's quarterly profit disappoints

Here's Why Apple Has a Big iPhone Problem

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For investors contemplating prospects for the smartphone market after a shaky earnings report from Apple Inc., Asian suppliers just provided a few hints: It’s going to get worse before it gets better.

Three suppliers that seldom command much attention, working behind the scenes to make devices sold under the brands of better-known customers, put out back-to-back earnings reports Tuesday. They spell trouble ahead for smartphone makers and other companies that once thrived on mobile mania.