Apple supplier Foxconn's Q2 profit slips 1%, beats forecasts

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Apple supplier Foxconn's Q2 profit slips 1%, beats forecasts
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Apple supplier Foxconn's Q2 profit slips 1%, better than forecasts

TAIPEI :Apple Inc supplier Foxconn reported on Monday a 1 per cent drop in second-quarter net profit, as global economic woes hurt demand for smart consumer electronics.

It was better than an average forecast of T$25.57 billion profit from 13 analysts, according to Refinitiv.

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