Foxconn’s February revenue down 12.33% y/y, sees Q1 fall

TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker and Apple’s biggest iPhone assembler, reported on Tuesday February revenue fell 12.33% year-on-year, and predicted first-quarter outlook will decrease year-on-year.

Foxconn will report fourth quarter earnings on March 14, when it will also update its outlook.

(Reporting By Yimou Lee and Faith Hung; Editing by Jacqueline Wong)

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