[Special Stock] LG Innotek Weakens on iPhone 14 Plus Production Cut News
![[Image source=Reuters Yonhap News]](http://www.asiae.co.kr/news/img_view.htm?img=2022101909533473785_1666140815.jpg)
[Asia Economy Reporter Lee Jung-yoon] LG Innotek is showing weakness following news of Apple reducing production of the iPhone 14 Plus.
As of 9:51 AM on the 19th, LG Innotek is trading at 285,000 KRW, down 1.89% (5,500 KRW) from the previous trading day. BA, a company related to iPhone parts, recorded a 3.17% (850 KRW) decline to 25,950 KRW.
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According to CNBC on the 18th (local time), Apple reportedly requested a Chinese supplier of iPhone parts to halt production of iPhone 14 Plus components. On the US stock market, Apple initially slipped on the news of the iPhone 14 Plus production halt but rebounded to close up 0.94%.
This content was produced with the assistance of AI translation services.
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