https://www.reuters.com/article/us-hon-hai-forecast-apple/apple-supplier-foxconn-seeks-to-cut-costs-in-2019-bloomberg-idUSKCN1NQ1G5

Apple Inc's biggest iPhone assembler Foxconn aims to cut 20 billion yuan ($2.88 billion) from expenses in 2019 as the company faces "a very difficult and competitive year", Bloomberg reported on Wednesday, citing an internal memo.