ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Stocks

Electronic parts makers' shares down as iPhone sales struggle

TOKYO -- Murata Manufacturing and Alps Electric fell for the first time in five trading days Friday as rumors swirled that Apple might get suppliers to cut prices.

With iPhone sales struggling, foreign media coverage of Apple's appeal for lower component prices led investors to sell on fears that parts makers' business performance could suffer. A slight weakening by the yen had lifted such shares, enabling profit-taking.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more