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Foxconn reports Q1 net profit rose 5% YoY to ~$985M but warns Q2 revenue could slip due to rising inflation, cooling demand, and escalating supply chain issues (Reuters)

Photo of Henry HenryMarch 31, 2023
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Foxconn reports Q1 net profit rose 5% YoY to ~$985M but warns Q2 revenue could slip due to rising inflation, cooling demand, and escalating supply chain issues (Reuters)

Foxconn reports Q1 net profit rose 5% YoY to ~$985M but warns Q2 revenue could slip due to rising inflation, cooling demand, and escalating supply chain issues  —  Shovel and FoxConn logo are seen before the arrival of U.S. President Donald Trump for the Foxconn Technology Group groundbreaking ceremony 

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READ ALSO  Microsoft researchers find high severity vulnerabilities in mce Systems' framework used by Android apps from carriers including AT&T, Telus, Rogers, and Bell (Sergiu Gatlan/BleepingComputer)
Photo of Henry HenryMarch 31, 2023
0 2 Less than a minute
Photo of Henry

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