Taiwan's Foxconn, a major iPhone assembler for Apple, said that second quarter revenue dropped 13.8% year-on-year but the outlook for the third quarter was brighter ahead of peak shopping season at the end of the year
, said on Wednesday that second quarter revenue dropped 13.8% year-on-year but the outlook for the third quarter was brighter ahead of peak shopping season at the end of the year., formally called Hon Hai Precision Industry Co Ltd and the world's largest contract electronics maker, said revenue in the April-June period reached T$1.3 trillion , in line with its expectations.
For the month of June, sales fell 19.7% year-on-year, though at T$422.8 billion it was still the second highest figure on record for the same period.
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