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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  Jamf says it is now managing 20M Apple devices for over 47K customers, and added 16M devices in the past five years compared to 4M devices in its first 13 years (Bradley Chambers/9to5Mac)
Photo of Henry HenryMarch 31, 2023
0 2 Less than a minute
Photo of Henry

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