Apple supplier to slash expenses amid concern over iPhone sales

Foxconn Technology Group plans to cut costs by £2.3bn next year, according to reportsFoxconn Technology Group, which supplies Apple with components for the iPhone, is reportedly planning to cut costs by billions of pounds amid concerns that iPhone sales growth is slowing.The Taiwanese manufacturer will slash 20bn yuan (£2.3bn) from expenses in 2019, Bloomberg News reported. Continue reading...