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Market Chatter: Apple Supplier Foxconn Considers Experimenting With Rotating Chief Executive in Management Overhaul
Apple (AAPL) supplier Foxconn is considering experimenting with rotating chief executives in a management overhaul in a talent development effort, Reuters reported Wednesday, citing sources briefed on
MT NewswiresApr 10 12:49 ET
Apple Supplier Foxconn Expects Q2 Growth After Q1 Revenue Falls
Seeking AlphaApr 5 12:05 ET
Foxconn Posts 9.6% Revenue Decline in Q1
Yahoo FinanceApr 5 11:28 ET
Apple Supplier Foxconn Sees Growth in 2024 on AI Boost, Q4 Profit Soars 33%
Seeking AlphaMar 14 05:17 ET
Hon Hai's net profit increased 33% in the fourth quarter, and the artificial intelligence business boosted sales
Hon Hai Precision announced strong profit growth for the second consecutive quarter. Lucrative sales of artificial intelligence hardware helped offset the impact of weak demand for iPhones and electronic products. The world's largest Apple iPhone assembler announced that in the fourth quarter ending December, net profit increased 33% to NT$53.2 billion (US$1.7 billion). Analysts estimated an average of 43.8 billion NTD. The company's stock price has risen by more than 15% this year, and investors' optimism that Hon Hai will benefit from artificial intelligence servers and hardware is heating up. Hon Hai is not the first batch driven by the AI boom
環球市場播報Mar 14 04:53 ET
Foxconn's February Revenue Tumbles, Continues to See Decline in Q1
Foxconn Technology's (OTCPK:FXCOF) revenue in February fell 12.33% year-over-year and the company continues to expect a year-on-year decline for the first quarter of 2024.
Seeking AlphaMar 5 04:37 ET
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