Apple Supplier

In a recent development, shares of Apple’s (NASDAQ:AAPL) suppliers took a hit following Barclays downgrade of the tech behemoth due to a potential decrease in product demand in 2024. What Happened: CNBC reported on Tuesday that the shares of suppliers associated with Apple in Asia experienced...

Apple Inc. (NASDAQ: AAPL) has advised aggressive Chinese technology firm, Luxshare Precision Industry Co Ltd., to make an investment in a Taiwanese metal casing provider, in order to become a rival to Apple’s longtime supplier, Foxconn. What Happened Luxshare has been in...

Imagination Technologies Group plc (LON: IMG), a London-listed technology company that is involved in the creation and licensing of semiconductor processor IP, tanked 70 percent on Monday. The sell-off immediately followed Apple Inc. (NASDAQ: AAPL)'s announcement that it won't be using Imagination...

The most valuable company in the world generates a lot of press, so naturally, its suppliers are drawn into the spotlight. On Monday evening, Apple Inc. (NASDAQ: AAPL) supplier SK Hynix dropped what analysts are calling a "bombshell" that could signal more downside is in store for...

Shares of Jabil Circuit, Inc. (NYSE: JBL), an electronic design supplier to Apple Inc. (NASDAQ: AAPL), have gained nearly 17 percent over the past year. Jabil said it earned $0.85 per share on revenue of $5.21 billion in its first quarter. Matthew Sheerin of Stifel attributed the top and...