{"id":326669,"date":"2023-01-06T09:18:56","date_gmt":"2023-01-06T09:18:56","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=361816"},"modified":"2023-01-06T09:18:56","modified_gmt":"2023-01-06T09:18:56","slug":"foxconn-silent-on-2023-outlook-after-q4-slowdown","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2023\/01\/06\/foxconn-silent-on-2023-outlook-after-q4-slowdown\/","title":{"rendered":"Foxconn silent on 2023 outlook after Q4 slowdown"},"content":{"rendered":"

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\tHon Hai Precision (Foxconn) booked sharply slower revenue growth in Q4 after a rise in Covid-19 (coronavirus) cases impacted its operations in China, with the company declining to release a forecast for the current quarter.<\/p>\n

In a statement, the contract manufacturer merely noted the outlook for Q1 is expected to “be roughly in line with market consensus”.<\/p>\n

The company said production of smart consumer electronics products, which includes iPhones, returned to normal in December, resulting in flattish revenue year-on-year in Q4.<\/p>\n

Sales in the closing quarter of 2022 increased 3.5 per cent to TWD1.96 trillion ($63.8 billion). It said cloud and networking products recorded double-digit growth, benefitting from strong server demand.<\/p>\n

Revenue for the full year grew 10.5 per cent to TWD6.6 trillion.<\/p>\n

It reports full Q4 earnings on 15 March.<\/p>\n

Following protests over lockdown measures at its largest iPhone assembly facility in China, the company in early November revised downwards [1] its Q4 earnings forecast.<\/p>\n

Revenue in Q3 [2] increased 24.4 per cent year-on-year to a record TWD1.7 trillion.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/devices\/news-devices\/foxconn-downgrades-outlook-as-iphone-output-slows\/
\n[2] https:\/\/www.mobileworldlive.com\/asia\/asia-news\/foxconn-optimistic-after-record-q3\/<\/p>\n\n

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Hon Hai Precision (Foxconn) booked sharply slower revenue growth in Q4 after a rise in …<\/p>\n

The post Foxconn silent on 2023 outlook after Q4 slowdown<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":248,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Foxconn silent on 2023 outlook after Q4 slowdown - ITTeacherITFreelance.hk","description":"Hon Hai Precision (Foxconn) booked sharply slower revenue growth in Q4 after a rise in ... The post Foxconn silent on 2023 outlook after Q4 slowdown appeared fi"},"footnotes":""},"categories":[11,8,21],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/326669"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/248"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=326669"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/326669\/revisions"}],"predecessor-version":[{"id":326670,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/326669\/revisions\/326670"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=326669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=326669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=326669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}