Apple Inc provider Foxconn reported on Monday a 1% drop in second-quarter internet revenue, as world financial woes damage demand for good client electronics.
The Taiwanese firm, the world’s largest contract electronics maker, stated internet revenue for the April-June quarter slipped to T$33 billion from a revised T$33.29 billion in the identical interval the earlier yr.
It was higher than a median forecast of T$25.57 billion revenue from 13 analysts, in line with Refinitiv.
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Source: economictimes.indiatimes.com