Major Apple Supplier Saw December Sales Slump 20 Percent

Taiwan’s Hon Hai Precision Industry Co, which assembles the bulk of Apple Inc’s latest smartphones, saw its December revenues slump by a fifth and full-year sales miss expectations. The results, published on Friday, came amid growing concerns about slowing shipments of Apple’slatest iPhone 6s models, which Hon Hai assembles. Analysts said Hon Hai’s results could […]