Foxconn's first-quarter profit plunges on coronavirus fallout, sees better second quarter

Foxconn's first-quarter profit plunges on coronavirus fallout, sees better second quarter

4 years ago
Anonymous $-9GJQVHNr8

https://www.reuters.com/article/us-foxconn-results/foxconns-first-quarter-profit-plunges-on-coronavirus-fallout-sees-better-second-quarter-idUSKBN22R0SY

Taiwan's Foxconn posted an almost 90% drop in first-quarter profit on Friday, as the coronavirus pandemic disrupted production and hit demand from Apple Inc and other major clients.

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