Apple assembler Foxconn Q2 sales slip 14%, forecasts strong Q3

Foxconn, a major assembler for Apple, reported a 13.8% year-on-year drop in second-quarter revenue on Wednesday, but said it expects third-quarter revenue to be brighter ahead of the peak shopping season.
The logo of electronics contract manufacturer Foxconn Technology Group, formally known as Hon Hai Precision Industry, is displayed at its headquarters in Taipei. Photo: Agence France-Presse
Reuters:Foxconn, formally called Hon Hai Precision Industry Co Ltd and the world’s largest contract