Apple supplier Foxconn fourth quarter profit misses estimates
- 30th March 2021
- Posted by: Hakeem
- Category: Technology
Taiwan’s Foxconn, the world’s largest contract electronics maker which counts technology giants such as Apple Inc among its major clients, reported a fourth quarter profit on Tuesday that lagged market estimates.
The Taiwanese firm reported October-December net profit of T$45.97 billion ($1.61 billion), down 4% compared with the year ago period, the company said in a statement.
($1 = 28.5110 Taiwan dollars)