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Old 13th August 2020, 05:58   #1
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Default Foxconn does better than expected

Profit up 34 percent

Foxconn reported a better than expected quarterly profit as rising telecommuting demand amid the coronavirus pandemic offset slowing smartphone sales.

Foxconn, whose clients include tech giants such as Apple ,reported a net profit $778.54 million for the second quarter ended June.

That was up about 34 percent from a year earlier according to Reuters calculations and better than the cocaine nose jobs of Wall Street predicted.
Foxconn did not immediately provide any other details.


https://fudzilla.com/news/51333-foxc...-than-expected
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