Contract manufacturer Foxconn forecast revenue in the opening quarter of 2024 to decline year-on-year, following a fall in December 2023 due to slowing demand for cloud, networking and computing products.
Revenue in December 2023 tumbled 26.9 per cent year-on-year to TWD460.1 billion ($14.9 billion), with Q4 sales slipping 5.4 per cent to TWD1.9 trillion.
The drop is the major Apple supplier’s third consecutive quarterly decline, with full-year sales falling 7 per cent to TWD6.2 trillion.
Its performance in the final quarter of 2023 was hit by declines in smart consumer electronics, cloud and networking products, and computing equipment.
Sales of components and other products were flat.
The Taiwan-headquartered company last posted a quarterly gain in Q1 2023, when revenue rose 3.8 per cent to TWD1.5 trillion.
Last week, analysts with UK-headquartered bank Barclays downgraded Apple’s stock due to expected slowing demand for iPhones.
The post Foxconn warns of continued weak demand appeared first on Mobile World Live.
Commercials Cooperation Advertisements:
(1) IT Teacher IT Freelance
立刻註冊及報名電腦補習課程吧!
电子计算机 -教育 -IT 電腦班” ( IT電腦補習 ) 提供一個方便的电子计算机 教育平台, 為大家配對信息技术, 電腦 老師, IT freelance 和 programming expert. 讓大家方便地就能找到合適的電腦補習, 電腦班, 家教, 私人老師.
We are a education and information platform which you can find a IT private tutorial teacher or freelance.
Also we provide different information about information technology, Computer, programming, mobile, Android, apple, game, movie, anime, animation…
(2) ITSec
www.ITSeceu.uk
Secure Your Computers from Cyber Threats and mitigate risks with professional services to defend Hackers.
ITSec provide IT Security and Compliance Services, including IT Compliance Services, Risk Assessment, IT Audit, Security Assessment and Audit, ISO 27001 Consulting and Certification, GDPR Compliance Services, Privacy Impact Assessment (PIA), Penetration test, Ethical Hacking, Vulnerabilities scan, IT Consulting, Data Privacy Consulting, Data Protection Services, Information Security Consulting, Cyber Security Consulting, Network Security Audit, Security Awareness Training.
Contact us right away.
Email (Prefer using email to contact us):
SalesExecutive@ITSec.vip