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Apple cut orders for AirPods and Goertek shares
According to the latest report, Apple has cut orders for AirPods headsets, reducing production this year by more than 10 million units, due to forecasted moderate demand and hopes to reduce inventory levels.
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In early trading that day, Goertek shares fell by more than 9%, followed by Luxshare Precision and Gongda Electroacoustics. According to the 21st Century Business Herald, the reporter called Goertek as an investor, and the relevant person in charge said, “There is no comment on the customer involved, but the company’s current production is normal and no major changes have occurred.”
Moreover, Luxshare and Goertek have always been the two major foundries of Apple accessories, including AirPods, EarPods, Lightning data cables, etc.