From CNBC: 2024-04-05 04:52:48

Foxconn, Apple’s iPhone manufacturer, saw a 9.6% revenue decline in Q1 2024, amounting to 1.32 trillion New Taiwan dollars ($41.2 billion). This marks a 28.58% drop from Q4 2023 and falls short of analysts’ predictions. Despite a sluggish start, Foxconn anticipates revenue growth in Q2, despite being a slow season.



Read more at CNBC:: Apple supplier Foxconn posts 9% fall in first-quarter revenue