Apple supplier Foxconn's profit slips, warns on 'materials shortages'

Apple supplier Foxconn's profit slips, warns on 'materials shortages'

5 years ago
Anonymous $hYN7Hy7o7J

https://www.reuters.com/article/us-foxconn-results/apple-supplier-foxconns-profit-slips-warns-on-materials-shortages-idUSKBN2BM0FY

TAIPEI -Major Apple Inc supplier Foxconn on Tuesday posted a lower fourth-quarter profit that lagged expectations as the pandemic hit margins, and warned of the impact of "materials shortages" amid tight global chip supplies.