Ad
Ad
Ad
Electronics Production | January 26, 2010

Recession hits Foxconn

Taiwan based EMS provider Foxconn International Holdings Ltd. said it will post a significant decline in its full-year profit.
Full-year profit in 2009 will fall from 2008 as the global recession eroded demand for phones and lowered prices of its products, Foxconn said. The share fell more than 10 percent on the Hong Kong stock market, the most since March 2009.

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Load more news
August 22 2017 10:36 AM V8.6.0-2