Apple has announced the new iPhone X- Full phone specifications. Apple last week unveiled a flurry of products, including the redesigned iPhone X that stole the entire show for all the good and bad reasons. iPhone X is a phablet designed, developed, and marketed by Apple Inc. Apple CEO Tim Cook announced the iPhone X on September 12, 2017.
Apple has announced the new iPhone X, a new smartphone made to commemorate the iPhone's tenth anniversary. Here's what we know.
Apple iPhone X Deals - Apple iPhone X Explained: The Features, Pricing, and Release Date. Apple celebrates its 10th anniversary with iPhone X – also known as iPhone 10. It's the first iPhone with a Super Retina Display, stretching across the entire face. The Android-killing iPhone is finally here, and it's not the iPhone X.
New iPhone no big deal for Asian investors
Parts suppliers stung by competition from Samsung, Xiaomi as Apple loses its shine.
Phil Schiller, Apple's senior vice president of worldwide marketing, announces features of the new iPhone X at the Apple campus in Cupertino, California on Sept. 12, 2017.
Apple may have wowed fans with its new iPhone X, but Asian investors in the company's suppliers are hardly impressed.
Stock prices of suppliers were mixed in the region, with market players worried that iPhones are losing their appeal in the face of rising competition from Android rivals like Samsung Electronics and Xiaomi.
The features of the new iPhones unveiled on Tuesday were not much different from those leaked online prior to the official announcement.
Tim Cook demonstrates an iPhone at the launch.
Apple stock began sliding when Tim Cook introduced the iPhone 8 at the newly built Apple Park in Palo Alto, California. The share price slid even further the moment he mentioned the 10-year anniversary model, iPhone X.
Supplier's stocks in Tokyo were mixed. Murata Manufacturing, which makes ceramic condensers for the smartphones, fell about 3% in the morning, while Sony, manufacturer of CCD image sensors for the phone's cameras, dropped nearly 1%. On the other hand, Nidec, which supplies vibration motors, rose 4%.
Other Asian markets had similar lukewarm reactions. In Taiwan, the world's largest contract iPhone manufacturer, Hon Hai Precision Industry, better known as Foxconn, traded in negative territory today. Lens maker Largan Precision was also down about 4%.
Meanwhile, Hong Kong listed AAC Technologies Holdings rose over 2%.
Selling the fact
According to Apple's top 200 supplier list released in February, over 50 suppliers are in Taiwan, the most of any region or country. Next comes the U.S., followed by Japan, China and South Korea.
The proportion of Asian providers has been rising since Apple made the list in public in 2013.
Add Your Comments