HomeNewsFoxconn reports Q1 net profit rose 5% YoY to ~$985M but warns...

Foxconn

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)

February 25, 2023

51

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 …

Previous article

Sources: travel booking site Trip.com, formerly called Ctrip, plans to raise ~$1.09B in its Hong Kong secondary listing; its US shares have risen ~4% this year(Julia Fioretti/Bloomberg)

Next article

The NYT overstated the influence of both Slate Star Codex and the Rationalist community on Silicon Valley, and falsely portrayed the tech industry as right-wing(Noah Smith/Noahpinion)

RELATED ARTICLES

LEAVE A REPLY Cancel reply

Please enter your comment!

Please enter your name here

You have entered an incorrect email address!

Please enter your email address here

Advertising

spot_img

Popular posts

My favorites