Hon Hai Precision Industries

Yet another sign that Apple's (NASDAQ: AAPL) plastic iPhone is not performing well at retail. According to DigiTimes, Pegatron (the chief manufacturer of the iPhone 5C) has had its orders reduced by more than 50 percent. This is especially significant because Pegatron has reportedly received 70...

Apple (NASDAQ: AAPL) has reportedly reduced the manufacturing orders of its new plastic iPhone. According to Reuters, the Cupertino, California-based tech giant has requested fewer iPhone 5C units from two different suppliers. Pegatron has had its orders reduced by less than 20 percent. In a...