Apple supplier Foxconn cautious despite beating earnings forecasts

TAIPEI :Apple supplier Foxconn beat estimates for second-quarter earnings on Monday thanks to a booming artificial intelligence sector but retained a cautious outlook for this year due to global economic uncertainties. The world's largest contract electronics maker downgraded its outlook for full-year revenue to a slight decline from a previous guidance of flat as it joins other companies grappling with…

https://worldnewslivetv.com/business/apple-supplier-foxconn-cautious-despite-beating-earnings-forecasts/

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