https://www.cnbc.com/2018/11/21/apple-supplier-foxconn-wrapped-up-in-iphone-supply-chain-rumors.html

Foxconn, the company that assembles most of Apple's iPhones, is now wrapped up in the latest round of iPhone supply chain rumors after a Bloomberg report that the manufacturer is cutting costs ahead of a "very difficult and competitive year."

Foxconn is preparing to cut expenses in its iPhone assembly unit and to cut workforce, Bloomberg reported Wednesday, citing an internal memo.