TAIPEI -- Foxconn, Apple's main iPhone supplier, saw December sales plunge by more than 8 percent on last year, as Taiwan's tech sector contracted year on year for the first time in 10 months.
Taiwan's key iPhone suppliers are feeling the effects of Apple's struggle to stir demand for its newest products. December revenues recorded by 19 Taiwanese tech companies tracked by the Nikkei Asian Review saw a 1.32% drop on the year to $1.22 trillion New Taiwan dollars ($398.39 billion), ending a consistent year-on-year rise since February. Stripping out the impact of the Chinese new year, it is the first year on year decline since November 2016.
