Foxconn Q2 Sales Slip 14%, Q3 Outlook Brighter Ahead of Year-End Peak usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
TAIPEI (Reuters) - Taiwan s Foxconn, a major iPhone assembler for Apple Inc, said on Wednesday that second quarter revenue dropped 13.8% year-on-year but the outlook for the third quarter was brighter ahead of peak shopping season at the end of the year.
Foxconn, formally called Hon Hai Precision Industry Co Ltd and the world s largest contract electronics maker, said revenue in the April-June period reached T$1.3 trillion ($41.76 billion), in line with its expectations.
Foxconn, formally called Hon Hai Precision Industry Co Ltd and the world s largest contract electronics maker, said revenue in the April-June period reached T$1.3 trillion ($41.76 billion), in line with its expectations.