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Electronics Production | August 17, 2008

Foxconn issues profit warning

Taiwan based EMS provider Foxconn expects its net profit for the first six month this year to decline significantly, compared to a year ago.
The reason for the profit warning is according to Foxconn due to higher costs and income tax expenses. So far this year the company’s share has fallen 55%, Reuters reported.
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December 13 2018 1:08 pm V11.10.14-2