Foxconn says that the coronavirus impact on smartphone demand is set to be ‘enormous,’ and recovery will take ‘a very long time.’
Company chairman Liu Young-way made the comments as Foxconn reported first quarter profits down 90% year-on-year as a result of production shutdowns in China at the height of the coronavirus crisis there …
The post Foxconn profits down 90%, coronavirus impact on smartphone demand ‘enormous’ appeared first on 9to5Mac.
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