Apple Supplier Foxconn Sees Fall in Profit in Last Quarter of 2019

Taiwanese electronics manufacturer Foxconn reported a 23.7 percentĀ fall in profit in the last three months of 2019 on Monday as it braces for the impact from the coronavirus pandemic that has hit demand from key customers such as Apple. Foxconn, which assembles iPhones at factories in China, reported net profit of TWD 47.76 billion ($1.6 … Read more Apple Supplier Foxconn Sees Fall in Profit in Last Quarter of 2019