TAIPEI -- Apple's sales decline is pushing its Taiwanese suppliers into a downward spiral with no end in sight. This year could also see the first annual decline in corporate revenues across Taiwan's tech sector since the second half of 2008 in the throes of the global financial crisis.
The U.S. tech titan Apple posted its first quarterly revenue decline in 13 years in the three months to end-March. In that period, 15 out of 19 Taiwanese major tech firms selected in the Nikkei Asian Review's "Asia 300 companies to watch" list posted a year-on-year drop in revenues.
