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Weak iPhone demand drags down Taiwan tech sales

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Apple's new iPhone 7 smartphone   © Reuters

TAIPEI -- Major Taiwanese technology companies saw their sales drop in September from a year ago, after a slight rebound in August, due to lukewarm demand for Apple Inc.'s new iPhone 7s.

In September, the revenue of 19 Taiwanese tech companies on the Nikkei Asian Review's watch list fell 1.52% from a year ago, compared with a year-on-year gain of 5% in August after a prolonged 9-month drop.

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