Friday, 24 March, 2023

Apple Supplier Foxconn December Revenue Drops 12%

<p>Taiwan&#39;s Foxconn says output at its iPhone plant in China has &quot;basically returned to normal&quot; &nbsp;and December revenue, down 12.3% year-on-year, marked the start of a recovery. Company said revenue for December was better than it expected. Production of Apple iPhones faced disruption ahead of Christmas and New Year holidays. Thousands of workers had to leave Foxconn&#39;s factory lines in Zhengzhou city. Revenue for 2022 rose 10.47% from the previous year to a record high</p> <quillbot-extension-portal></quillbot-extension-portal>