• 11/29/2024

Foxconn Profit Surges on Low Base but Revenue Falls

Wall Street Journal

The contract manufacturer, known for assembling iPhones, said first-quarter net profit surged on a low base, but revenue declined as demand for consumer electronics weakened.

https://www.wsj.com/articles/foxconn-profit-surges-on-low-base-but-revenue-falls-91b74d36