The U.S. blockade of ZTE has caused a lot of trouble. Now all parties are paying close attention to this incident. Now, the U.S. and suppliers of this incident have seen their share prices fall. Perhaps these suppliers in the U.S. can bring about a turn for the better.
ZTE's stock prices in many U.S. suppliers declined
The U.S. Department of Commerce announced last Monday that because ZTE violated the settlement agreement reached with the U.S. government last year, it will implement a 7-year export ban on ZTE. During this period, U.S. companies will not be allowed to sell their products to ZTE. Affected by this, ZTE Shares of many suppliers in the United States have fallen.
Since the ban was announced by the US Department of Commerce on April 16, the share price of Acacia Communications has dropped 31%. At the same time, the price of ZTE’s mobile phone processor Qualcomm fell by 9%. San Jose’s chip vendor Xilinx’s share price also fell by 7%. Shows that about 3.8% of the world's smartphones were produced by ZTE last year, and US chip manufacturers sold about 1.5 billion U.S. dollars each year to ZTE. As the stock price continued to drop, Wall Street investors were under pressure. These pressures may make the event A good direction for development.
Zhongxing
Apple's recent stock price plummeted
Last Thursday morning, TSMC, the apple chip supplier, announced weaker-than-expected performance expectations. This raised concerns about Apple's stock and eventually caused Apple's stock price to fall. Apple's stock price has fallen by 7.1% in the past three trading days. The market value has evaporated 63.9 billion U.S. dollars.
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Analyst Daniel Ives said that with the much-anticipated arrival of Apple in the second quarter of fiscal year 2018, Wall Street has fallen into a 'full panic mode' because its Asian supply chain shows that iPhone shipments have fallen far below expectations. Wall Street will This is due to the bad iPhone X needs.
Cook
Now, the price of iPhone X is actually quite aggressive. Especially the global economy has fallen into a protectionist and depressed cycle. Many users think that the price of the iPhone X is unacceptable, or they will continue to wait for the cheap iPhone X, or switch to other cheap mobile phones. Before the launch of Apple's autumn edition of the cheap Apple iPhoneX in 2018, the sales of Apple's mobile phones were still not optimistic. The events of the United States blocking the ZTE and the decline in Apple's sales forecast also indicated that the future mobile-related industries will enter a downturn.
