Thursday, August 12, 2021
Foxconn's Q2 profit beats estimates as pandemic drives tech demand
The world's largest contract electronics maker reported April-June net profit of T$29.779 billion ($1.07 billion), up 30% from a year earlier. That compared to a Refinitiv consensus estimate of T$25.98 billion drawn from 12 analysts. https://ift.tt/3fWHQx2
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Sources: Intel is nearing a deal to sell its stake in Altera to Silver Lake and could announce it as soon as this week; Intel paid $17B for Altera in 2015 (Bloomberg)
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