- Digitimes reports Foxconn, said to be responsible for 30% of iPhone 5C (AAPL -0.4%) production, is stopping 5C production a northern China factory, and will shift capacity to iPhone 5S production.
- The site also reports Apple respectively cut its 5C orders to Foxconn and Pegatron (said to be responsible for the 70% of 5C output) by "nearly one-third" and 20% a month ago due to "unsatisfactory sales."
- The report comes shortly after Chinese site C Technology, which provided one of the first reports of a 5C order cut, stated Pegatron has cut 5C production to just 80K units/day from 320K/day in October.
- Analytics firm Fiksu reports global 5S usage outpaces 5C usage by more than a 3:1 margin (6.9% of all iPhone usage vs. 2.2%). Localytics' activation data has also indicated 5S sales soundly outpace 5C sales.
- Meanwhile, a U.S. federal appeals court has ruled Apple can pursue an injunction against Samsung (SSNLF, SSNGY) products ruled to be infringing the company's IP in last year's California suit. Judge Lucy Koh, who presided over the CA suit, ruled last December Apple hadn't proven the infringed patents drove Samsung's product sales. The infringement rulings were tied to older/largely outdated Samsung devices.
- Previous: Apple reportedly set to buy PrimeSense
From other sites
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at MarketRealist.com (Fri, 3:06PM)
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