Foxconn quarterly profit hits two-decade low, sees growth from post-virus lifestyles

Foxconn quarterly profit hits two-decade low, sees growth from post-virus lifestyles

4 years ago
Anonymous $-9GJQVHNr8

https://www.reuters.com/article/us-foxconn-results/foxconn-quarterly-profit-hits-two-decade-low-sees-growth-from-post-virus-lifestyles-idUSKBN22R0SY

Foxconn's first-quarter profit plunged to its lowest in two decades, all but wiped out, after the coronavirus pandemic forced the Taiwanese firm to suspend manufacturing operations in China and knocked demand from customers including Apple Inc .