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Foxconn posts first annual sales drop due to iPhone slump

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follow all news in” technology games” from different sites to most famous technicals /Jake Smith by 2017-01-11 at 15:58

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Foxconn posts first annual revenue decline, thanks to slowing iPhone sales

Foxconn posts first annual revenue decline, thanks to slowing iPhone sales

– Apple CEO Tim Cook touring a Foxconn facility.While Apple isn’t Foxconn’s only partner, it’s the biggest.(Image: File photo)Key here

Foxconn posts first annual sales drop due to iPhone slump

Foxconn posts first annual sales drop due to iPhone slump

– Hon Hai Precision Industry, aka Foxconn, hasn’t experienced an annual decline in sales sent it went public in 1991, but thanks to slumping here

Key iPhone assembler Foxconn posts first annual sales decline- Nikkei Asian Review

Key iPhone assembler Foxconn posts first annual sales decline- Nikkei Asian Review

– TAIPEI — Key smartphone market.For 2016, Foxconn posted revenues of 4.356 trillion New Taiwan dollars ($136.38 billion), down 2.81% from a year ago.The company’s December revenue, however, grew 9.76% year-on-year to NT$449.63 billion thanks to orders for the approaching Chinese New Year holidays and the relatively robust demand for the 5.5 inch iphone 7 Plus model.
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