Citigroup gets negative on chip stocks citing weak iPhone demand

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Citigroup downgraded Skyworks Solutions to neutral from buy, citing Apple's weaker-than-expected iPhone XR outlook and softer Chinese phone demand.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Samsung Elec says weak chip demand pushed Q4 profit well below market estimatesSamsung Electronics says weak chip demand pushed Q4 profit well below market estimates by HeekyongYang juminism
Source: Reuters - 🏆 2. / 97 Read more »

Samsung Electronics says weak chip demand sent fourth-quarter profit well below market estimatesSamsung Electronics surprised the market on Tuesday with an estimated 29 percent... TV One word... Huawei TV Had problems with Samsung TV and dishwasher notforme
Source: Reuters - 🏆 2. / 97 Read more »