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Taiwan tech tracker

New iPhone faces $700 test for growing sales

As pace of innovation slows, suppliers' fortunes hinge on price-sensitive consumers

Customers walk past an Apple logo in the Apple store at Grand Central Terminal in New York on Aug. 1.   © Reuters

TAIPEI -- Lee Jen-jen, a 60-year-old sales manager at a Taiwanese chemical company, is looking forward to this week's Apple debut event so that she can replace her 5-year-old iPhone 5s, which she bought for $649.

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