By: Jiang Ming-yan and William Yen
Taipei, Jan. 20 (CNA) Experts have expressed concern of negative impact on the country’s manufactures as Taiwan-headquartered market research firm TrendForce said recently that China’s Huawei could overtake Apple Inc. this year to become the world’s second- largest smartphone maker.
Hua Nan Securities Investment Management Chairman David Chu (儲祥生) said some Taiwanese manufacturers have relatively close relationships with Apple and he speculated that if Huawei sales grow and Apple declines, it will have a negative impact on those Taiwanese companies.
Some of the companies that could be impacted include Hon Hai Precision Industry Co., B-Tek Technology Inc. and Catcher Technology C.o, as they accept relatively large orders from Apple, Chu pointed out.
According to a 2018 list of Apple’s supply chain, a total of 42 Taiwanese manufacturers were supplying the tech giant, including Largan Precision, Taiwan Semiconductor Manufacturing Co. and Compal Electronics. [FULL STORY]