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iPhone X Is Dead, Says Analyst, While LG Faces OLED Display Manufacturing Issues

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iPhone X Is Dead, Says Analyst, While LG Faces OLED Display Manufacturing Issues By : Mushfiq Mehraj (Fiesty Budgie) ,  22 April 2018 HIGHLIGHTS Apple shares fell nearly 7 percent on Thursday and Friday The drop followed an earnings forecast by TSMC Separately, an analyst claimed the iPhone X is dead in the water Apple  lost over $60 billion  in market cap in two days after Taiwan Semiconductor Manufacturing Co ( TSMC ), Apple's biggest supplier,  said in an earnings update  that second-quarter revenues would be hit by "weak demand from the mobile sector". Separately, Apple supplier  LG Display  is said to have been affected by manufacturing issues for OLED displays meant for upcoming iPhones, while an analyst claimed the  iPhone X  was dead. Apple shares fell nearly 7 percent on  Thursday and Friday over reports of a sharper slowdown in smartphone sales this year, Financial Times  reported  late on...