Apple Supplier Foxconn Predicts Tough Quarter Ahead Amid Low Demand, Rising Inflation in China

Apple supplier Foxconn has predicted a dip in current-quarter revenue for its electronics business including smartphones. The company has blamed rising inflation, escalating supply chain issues and cooling demand in locked-down China for the tough quarter.

source https://gadgets360.com/mobiles/news/apple-supplier-foxconn-tough-quarter-low-demand-rising-inflation-limited-smartphone-production-china-2969525#rss-gadgets-all

Atanu Das

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