
TAIPEI -- Lackluster demand for iPhones is taking its toll on jobs at key Apple suppliers, with many accelerating cost-cutting plans to prepare for an expected downturn in 2019.
Foxconn, the biggest iPhone assembler, aims to cut up to 100,000 personnel by the end of this year, as it steels itself for a tougher 12 months ahead, a source familiar with the plan told the Nikkei Asian Review.