Weak iPhone sales drag Foxconn's revenue down in December

The much more successful 2017 iPhone lineup

Despite reports early last month which suggested Foxconn remained largely unaffected by weak iPhone sales, today the manufacturer has announced a large dip in revenue for the month of December.

After ten consecutive months of growing income, Foxconn today announced that its revenues declined 8.3% year-over-year in December 2018 to $20.12 billion. According to the company, this drop was primarily attributed to a “rather big” drop in “consumer category products.” Predictably, the multi-national ...

Thursday, 10 January 2019 GSM ARENA GSMArena.com