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Foxconn 2Q18 revenues reach new historical high, but net profits plunge to 5-year low
Ninelu Tu, Taipei; Joseph Tsai, DIGITIMES
Foxconn Electronics (Hon Hai Precision Industry) has announced consolidated revenues of NT$1.07 trillion (US$34.43 billion) for the second quarter of 2018, rising 4.95% sequentially and 17.03% on year to come to a new historical high. The company's...
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The coronavirus outbreak has disrupted production and weakened consumer confidence, with all ICT sectors bracing for major declines in shipments. Digitimes Research has conducted analyses on three mobile device sectors, namely notebooks, smartphones and tablets in the wake of the outbreak.