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Foxconn reports Q1 net profit rose 5% YoY to ~$985M but warns Q2 revenue could slip due to rising inflation, cooling demand, and escalating supply chain issues (Reuters)

AdminMarch 17, 2023

2 Less than a minute

Foxconn reports Q1 net profit rose 5% YoY to ~$985M but warns Q2 revenue could slip due to rising inflation, cooling demand, and escalating supply chain issues

Foxconn reports Q1 net profit rose 5% YoY to ~$985M but warns Q2 revenue could slip due to rising inflation, cooling demand, and escalating supply chain issues — Shovel and FoxConn logo are seen before the arrival of U.S. President Donald Trump for the Foxconn Technology Group groundbreaking ceremony .

READ ALSO The founder of Joker's Stash, one of the most popular marketplaces for stolen credit card and identity data, has allegedly retired with a fortune of $1B+ (Dr. Tom Robinson / Elliptic Blog)

AdminMarch 17, 2023

2 Less than a minute

Admin

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