Apple's China suppliers hit by revenue slump

Flow-on impact from 26% fall in mainland business in wake of slipping iPhone sales by US technology giant

Apple Inc's major Chinese suppliers saw their revenues hit hard in the first quarter, in the wake of the technology giant's latest quarterly earnings which showed a 13 percent drop in revenue.

Revenues at Lens Technology Co Ltd, a glass cover supplier to Apple, slumped 35.8 percent to 2.7 billion yuan ($414 million) in the first three months. Its net profit also headed south, falling to 165 million yuan, down 59.3 percent year-on-year.