News

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

Source

READ ALSO  Profile of ShareChat, an India-centric social network which lacks English language support and has 160M MAUs, 100M of which signed up in the last year (Shubham Agarwal/Fast Company)

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Back to top button