- By Shreyansh Mangla
- Wed, 10 Sep 2025 01:18 PM (IST)
- Source:JND
Apple Event 2025: Asian stocks have witnessed a unique trend this iPhone launch season with declining consumer upgrade desires and cost pressures from tariffs. The stocks of many iPhone suppliers fell on Wednesday after the iPhone 17 reveal, reflecting concerns over a lack of consumer interest in upgrade cycles and cost pressures from tariffs.
After the launch event, Apple shares closed 1.5 per cent lower on Tuesday, with its Chinese assembler, Luxshare Precision's, shares falling 1.2 per cent, while Shenzhen-listed shares of glass maker Lens Technology Co Ltd fell 1.5 per cent.
Shares of a Taiwanese lens maker, LARGAN Precision a major supplier of optical lens modules for smartphone cameras, and Hong Kong-listed AAC Technologies, a maker of miniature speaker modules for iPhones, fell 1.3 per cent and 0.6 per cent, respectively.
South Korea’s LG Display, a panel manufacturer that supplies OLEDs for iPhones, declined 1.3 per cent.
Investors are taking cautionary measures because they believe that Apple is taking a huge hit on its profits by paying USD 1 billion for imported parts, without making new-gen iPhones much more expensive for consumers. This could affect the company's revenues and suppliers.
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The new iPhone launch did not bank on major new AI features, which other smartphone brands are hyping as their major selling point. This has made many investors nervous that the new iPhones would not sell out and would struggle to compete in the market.
