Staff members work on the production line at Foxconn Technology Group’s manufacturing complex in the tech hub of Shenzhen, in southern Guangdong province. Photo: AP
Apple supplier Foxconn forecasts flat sales in 2023 after reporting fourth-quarter profit miss
- Foxconn, the world’s largest electronics contract manufacturer, predicts a slump in consumer electronics demand this year
- The company on Wednesday reported fourth-quarter net income of US$1.3 billion, down 10 per cent from the same period in 2021
Staff members work on the production line at Foxconn Technology Group’s manufacturing complex in the tech hub of Shenzhen, in southern Guangdong province. Photo: AP
