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Trade war

Apple suppliers feel 'extraordinary' change in China demand

TSMC and Nidec cut 2019 forecasts as trade war holds back global economy

Nidec Chairman Shigenobu Nagamori stands to leave a press conference in Tokyo on Thursday. The "maestro of M&A" said he was stunned by China's slowdown. (Photo by Takaki Kashiwabara)

TAIPEI/TOKYO -- Major Asian Apple suppliers are slashing their 2019 sales forecasts, with some citing the "extraordinary" drop-off in Chinese demand, as the trade war casts a wide shadow over the global economy.

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