Apple’s Top Suppliers in Taiwan Weather Worst Month Since June
- September sales deepened double-digit decline seen in August
- Consumer electronics demand has been stubbornly low all year
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Apple Inc.’s key suppliers in Taiwan saw another major sales drop in September, despite the launch of a new iPhone and several Android handsets.
The world’s biggest contract chipmaker, Taiwan Semiconductor Manufacturing Co., did better than feared, recording a 13.4% drop while the wider group of major assemblers and component makers fell 16.4% to NT$1.24 trillion ($38.7 billion) from a year earlier, according to data compiled by Bloomberg. TSMC has weathered sagging smartphone and laptop chip sales better than others thanks to demand for artificial intelligence accelerators it makes for Nvidia Corp.