Apple to restart Iphone X production

Lumnetum, One of the Apple vendors cuts off its revenue forecast for 4thquarter of 2018 which supplies facial recognition and augmented reality parts

After a buzzing launch of 3 new iphone models (Iphone XS Max / Iphone XS / Iphone XR) sales are not up to the mark as predicted and resulted to the production cut down.

Apple is giving discount on Iphone XR in Japan to encourage the sale.  Apple’s Contract with Samsung to provide the OLED display for Iphone X might trigger the reproduction of handset.

Iphone growth is going down year over year, as consumers are not upgrading their pricey handset within a year.

Apple’s second largest market China going through trade war with United States and Huawei, Xiomi and One Plus giving head to head competition in Asian markets.

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