Stockpiling and losses
In the fourth quarter, Sammy said it expects demand for components to slow further as a result of inventory hoarding by firms concerned about US-China trade spats
And BREXIT causing imports into the UK to suddenly cost 25% more than they did before.
And the forthcoming USA-EU (in UK coz we ain't properly left even if we agree BoJo's deal tomorrow) trade war.
And their folding Phone debacle