Jane Lanhee Lee / Bloomberg:
Foxconn reports November revenue up 18% YoY to ~$20.6B, the first YoY improvement since January 2023, and forecasts Q4 revenue to be better than expected — It was the first year-on-year improvement in monthly results since January, helped by a comparison to last year's disruptions by Covid Zero lockdowns in China.
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Tuesday, December 5, 2023
Foxconn reports November revenue up 18% YoY to ~$20.6B, the first YoY improvement since January 2023, and forecasts Q4 revenue to be better than expected (Jane Lanhee Lee/Bloomberg)
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