Apple assembler Foxconn’s profit misses on persistently weak Android phone market

Apple assembler Hon Hai Precision Industry Co., known as Foxconn, reported its third consecutive quarterly profit miss, after the company succumbed to a persistently weak Android phone market.
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
Bloomberg News:The company known as Foxconn, which makes most of Apple’s signature devices, reported net income