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IPhone Maker Hon Hai Cuts Outlook as Electronics Demand Weakens

(Bloomberg) Hon Hai Precision Industry Co. now expects 2023 sales to fall after previously forecasting flat revenue, sounding a warning about demand for the devices it makes for Apple Inc. and other global firms.Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaZuckerberg Says ‘Time to Move On’ From Musk Cage FightGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Starts Revie ....

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iPhone maker Hon Hai cuts outlook as demand weakens

The Taiwanese company said it now sees its sales falling in the current quarter as well as for the year overall, with most of its main business segments in contraction. ....

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IPhone maker Foxconn cuts 2023 sales forecast after mobile demand sags

IPhone maker Foxconn cuts 2023 sales forecast after mobile demand sags
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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