Taiwan’s Foxconn (2317.TW), the world’s largest contract electronics maker and Apple’s (AAPL.O), biggest iPhone assembler, on Tuesday reported revenue for October rose 8.59% year-on-year to reach the highest on record for the month at T$804.8 billion ($25.20 billion). “Looking ahead to the fourth quarter, operations are anticipated to show both quarterly and yearly growth,” the company said in a statement, without giving details. Source: www.reuters.com The post Foxconn says Oct revenue +8.59% y/y, Q4 outlook good appeared first on Ghanaian Times.
Tag Archives: Technology
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Nov
Nov
November 1, 2024 4 minutes read Donald Trump winning the U.S. presidency next week would muddle the outlook for Chinese technology firms far more than a win for Kamala Harris, with executives saying his unpredictable style could lead as much to a reprieve for the sanction-hit industry as increased restrictions. The Republican candidate initiated a Sino-U.S. trade war during his 2017-2021 presidency by banning high-tech exports to China citing unfair trade practices and national security. Yet his combative approach coupled with his record of sudden, wide-ranging tariffs could unsettle U.S. allies and undermine any coordinated effort, Chinese tech executives said. He is tied in voter polls with his Democratic rival who executives expect to continue with the incumbent’s policy of regular, incremental changes to export controls and leveraging international alliances to slow
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Oct
Oct
The US government may ask a judge to force the breakup of Google’s business as it attempts to challenge the tech corporation’s monopoly over the internet search market. The Department of Justice has filed court papers that say it is considering enforcing “structural remedies” that would prevent Google from using some of its products such […]