Apple Supplier Foxconn’s Sales Down 7.7 Percent Amid Coronavirus Outbreak

Sales at Taiwan’s Hon Hai Precision Industry, a key supplier of Apple’s products known by its trade name Foxconn, were down by 7.7 percent in March. The world’s largest contract electronics maker reported revenues of TWD 347.7 billion ($11.51 billion) in March, falling from TWD 376.6 billion from a year earlier, it said in a … Read more Apple Supplier Foxconn’s Sales Down 7.7 Percent Amid Coronavirus Outbreak