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[-]  14-11-17 19:37

The Verge - All Posts
Foxconn’s profits see largest drop since recession as iPhone X production stalls
Foxconn’s profits fell to $700 million last quarter, a 39 percent year-over-year decline from the $1.09 billion it pulled in during last year’s third quarter. It’s the Taiwanese assembler’s largest drop since the global recession, and it’s all due to the initial iPhone X production problems, as Foxconn relies on Apple for more than half of its business.
As first reported by Bloomberg, Foxconn, the sole assembler of iPhone X devices, was unable to assemble as many iPhone X phones as it ...

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