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Electronics Production | June 30, 2010

Foxconn warns of increased H1 losses

Tawain-based EMS-provider Foxconn expects increased losses for its fiscal 1H/2010 (compared to the same period a year earlier).

"The Board believes that the expected increase in loss was primarily attributable to lower pricing for the Group’s products, changes in product mix and higher depreciation expenses", a statement reads. Fiscal 1H/2010 for Foxconn ends June 30, 2010. The EMS-provider did not provide any financial details.
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