Friday, 13 August 2021

Foxconn says watching for impact from worsening COVID-19 in Asia

Foxconn says watching for impact from worsening COVID-19 in Asia

Foxconn (2317.TW), which assembles Apple's iPhones, reported a consensus-beating 30% surge in quarterly profit on Thursday but cautioned it would have to "wait and see" if the worsening COVID-19 crisis in Asia would hurt its supply chain. The world's largest contract electronics maker has benefited from strong demand for technology products as people continue to telecommute amid the pandemic...
Read more: https://www.reuters.com/technology/apple-supplier-foxconns-q2-profit-beats-estimates-2021-08-12/?source=Snapzu

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