Chinese contract manufacturer Luxshare Precision Industry Co Ltd said on Thursday its cooperation with current clients is normal, responding to media reports saying that iPhone-maker Apple Inc was cutting production.

Apple has told suppliers to manufacture fewer components for its ear buds, watches and laptops as a sluggish global economy and high inflation may be hurting demand for Apple devices, Nikkei reported, citing unnamed suppliers.

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Luxshare says client cooperation normal after reports of Apple cutting production

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