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FIH Mobile issues earnings warning on weak demand

Chau-Chin Chang, Taipei; Steve Shen, DIGITIMES Asia 0

FIH Mobile, an OEM handset unit of the Foxconn Group, has issued an earnings warning, expecting its net profits for the first half of 2016 to reach only US$10-20 million, a decline of 84.4-92.2% from US$129 million recorded a year earlier.

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