news paper icon

Analyzed News

Foxconn's first-quarter profit plunges on coronavirus fallout, sees better second quarter

Taiwan's Foxconn posted an almost 90% drop in first-quarter profit on Friday, as the coronavirus pandemic disrupted production and hit demand from Apple Inc and other major clients. [Source]

Publication Date:

Origin: reuters.com

Category: technologyNews

Topics: coronavirus, profit, first-quarter, clients, major, Apple, demand, production, disrupted, pandemic, almost, posted, Foxconn, Taiwan's, quarter, second, better, fallout, plunges, Foxconn's

Source: http://feeds.reuters.com/~r/reuters/technologyNews/~3/fBs0fMN5CrI/foxconns-first-quarter-profit-plunges-on-coronavirus-fallout-sees-better-second-quarter-idUSKBN22R0SY