Foxconn Feels Sting of Fewer Smartphone Sales, Says Demand Slowing After Pandemic-Fuelled Boom

Apple iPhone assembler Foxconn gave a cautious outlook for the current quarter after posting results that exceeded expectations, citing slowing smartphone demand after a pandemic-fuelled boom.┬áThe comments from the Taiwanese company, the world’s largest contract electronics maker, echo those from other Asian tech firms that have warned of a drop in sales of smartphones, TVs … Read more