Foxconn’s July sales drop 1.23% year over year, forecasts third-quarter rebound
Foxconn, the world’s largest contract electronics manufacturer and a significant supplier for Apple, announced on Saturday a 1.23% year-on-year decline in revenue for July. However, the company is anticipating a rebound in business during the third quarter. Formally known as Hon Hai Precision Industry Co Ltd, Foxconn (2317.TW) reported revenue of T$469.23 billion ($14.82 billion) … Read more