Apple doubles production of iPhone X based on high demand

[AdonisSMU]

https://www.cnbc.com/2017/10/30/apple-shares-rise-on-booming-iphone-x-demand.html

It appears preorder demand is so strong that Apple has directed its Taiwanese suppliers to double capacity in anticipation, according to a FactSet translation of a report in China's Economic Daily News. IPhone assembler and supplier Hon Hai Precision Industry – also known as Foxconn – was up 1.7 percent in local trading.