The tech industry seems to be in agreement that the iPhone XR and iPhone XS aren’t selling as well as Apple would like, but a new report offers hope.
The performance of these two companies is particularly telling when it comes to new iPhone demand because a huge chunk of their business is based on their cosy relationship with Apple: 50% of Hon Hai’s revenue, and 20% of TSMC’s, is derived from their work on the iPhone.
However, this could potentially be attributed to a seasonal profit rise – November features the Black Friday shopping extravaganza, after all – and demand for the production of older models, rather than new phones like the iPhone XS and iPhone XS Max .
