https://applesecrets.com/wp-content/uploads/2023/03/1200x800.jpg 800 1200 AppleCrisp https://applesecrets.com/wp-content/uploads/2020/11/ASLogo5.png AppleCrisp2023-03-05 04:55:042023-03-05 04:55:04Apple Supplier Foxconn’s Sales Decline Despite China Reopening
Apple Supplier Foxconn’s Sales Decline Despite China Reopening
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Hon Hai Precision Industry Co.’s February sales fell 11.7% from a year earlier, despite a boost for the iPhone assembler from China’s reopening.
The Apple Inc. supplier, also known as Foxconn, said monthly revenue dropped to NT$402 billion ($13 billion) last month. Still, first-quarter outlook is “roughly in line with market expectation,” based on sales figures in the last two months, Hon Hai said in a statement Sunday.