Foxconn Q4 net profit up 33%

TAIPEI: Taiwanese tech giant Foxconn on Thursday reported a 33-percent jump in net profit during the final three months of 2023, marking the second straight quarter of growth for the Apple supplier. The firm — also known by its official name Hon Hai Precision Industry — is the world’s biggest contract electronics manufacturer and assembles […]

Foxconn Q4 net profit up 33%

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TAIPEI: Taiwanese tech giant Foxconn on Thursday reported a 33-percent jump in net profit during the final three months of 2023, marking the second straight quarter of growth for the Apple supplier.

The firm — also known by its official name Hon Hai Precision Industry — is the world’s biggest contract electronics manufacturer and assembles devices for several companies, most notably Apple’s iPhones.

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