Apple Profits Gain Supplier Foxconn Despite iPhone Sales Drop


The BEIJING-Foxconn Technology Group's net profit rose by 23.3% in the last quarter, even as the biggest customer, Apple Inc., which was declining on reduced iPhone sales.

Foxconn said in Taiwan on Wednesday said net profit in the July-to-September period was 30.66 billion. The company reported a net profit of NT $ 24.88 billion in the previous quarter.

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