Apple supplier Foxconn’s Q4 profit beats estimates


Foxconn reported a net profit of T$44.4bil (US$1.55bil or RM6.52bil) for October-December, down 3.4% compared with the year ago period.

TAIPEI: Taiwan’s Foxconn, the world’s largest contract electronics maker which counts technology giants such as Apple Inc among its major clients, reported a fourth-quarter profit that slightly beat market estimates.

Foxconn reported a net profit of T$44.4bil (US$1.55bil or RM6.52bil) for October-December, down 3.4% compared with the year ago period.

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