Technology shares continue to fall in the new year

A man looks at a Samsung Galaxy S9 mobilephone during the Samsung Galaxy S9 Unpacked event on February 25, 2018 in Barcelona, on the eve of the inauguration of the Mobile World Congress (MWC).The Mobile World Congress, the worlds biggest mobile fair, is held in Barcelona from February 26 to March 1. / AFP PHOTO / LLUIS GENE

Technology stocks have had a rough start to the new year.

With Apple Inc announcing a soured outlook for the sale of its iPhones – the flagship product of the US tech giant – sentiment towards local tech companies, particularly those involved in the product’s supply chain, also took a huge beating.

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