Future Tech

Apple supplier Foxconn Q4 profit beats estimates

Tan KW
Publish date: Wed, 16 Mar 2022, 03:27 PM
Tan KW
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Future Tech

TAIPEI - Taiwan's Foxconn, the world's largest contract electronics maker which counts technology giants such as Apple Inc among its major clients, reported a fourth-quarter profit on Wednesday that slightly beat market estimates.

Foxconn reported a net profit of T$44.4 billion ($1.55 billion) for October-December, down 3.4% compared with the year ago period, according to Reuters calculations based on company data.

That compared with the T$43.32 billion average of 10 analyst estimates compiled by Refinitiv.

 


  - Reuters

 

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