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Virus to dent Foxconn's consumer electronics revenue in first-quarter

By Yimou Lee on Mar 4, 2020 6:28AM
Virus to dent Foxconn's consumer electronics revenue in first-quarter

Warns of 15 percent drop, but predicts recover thereafter.

Apple supplier Foxconn warned revenue would drop 15 percent in businesses including consumer electronics and enterprise products in the first quarter, but that it would recover thereafter as production returns to normal in virus-hit China. Foxconn is among manufacturers worldwide who are ...

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By Yimou Lee
Mar 4 2020
6:28AM
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