Foxconn expects Q1 revenue drop as iPhone demand falls

AppleInsider
Jan 5, 2024, 6:53 am254 pts
Apple's largest manufacturer says that Q4 2023 revenues for all of its business, including the iPhone, declined 5.4% year on year, and that it believes a slowing demand will also impact Q1 2024. Back in August 2023, Foxconn reported that its profits continued to be down year over year — following a calamitous…

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