U.S. President Donald Trump’s warning of a 25% levy on imported iPhones reignited trade-war jitters on Monday, pulling down shares of key China-listed Apple suppliers.
Impact on Supplier Stocks
Luxshare Precision (OTC:AACAY), assembler of iPhones and AirPods, fell 2.2%.
Lens Technology (SZ:300433) lost 1.8%, hit by concerns over panel exports.
Goertek (SZ:002241), known for audio modules, declined 1.1%.
These moves show how quickly sentiment shifts can affect component makers. For real-time insights into short-term momentum and overbought/oversold conditions in these names, traders often consult the Technical Intraday (Williams) API, which provides up-to-the-minute indicator readings for individual tickers.
Tariff Timeline and Market Reaction
Trump’s announcement came on Friday alongside threats of 50% tariffs on EU goods—measures he has since delayed amid market turmoil. While a 10% baseline tax remains on most imports, his prior 145% China tariff still looms at 30% for many products.
Apple is accelerating plans to shift U.S. iPhone assembly to India by end-2026 to sidestep potential levies. However, a full reshoring to American factories appears unlikely, given the intricate manual assembly involved.
Strategic Revenue Considerations
Component suppliers derive a meaningful share of revenue from Apple contracts. To evaluate how exposed each company is to handset components versus other lines (like wearables or automotive), investors can pull detailed segment data via the Revenue Product Segmentation API. This lets you see exactly what percentage of Luxshare’s or Goertek’s sales hinges on smartphone components.
