Foxconn reiterates target gross margin of 10% by 2025

Ninelu Tu, Taipei; Willis Ke, DIGITIMES Asia 0

Foxconn chairman Young-Way Liu. Credit: DIGITIMES

Foxconn Technology (Hon Hai Precision Industry) is confident the company will improve its gross margin to 10% by 2025, mainly buoyed by its expanding new businesses, according to company chairman Young-Way Liu.

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