Major Apple supplier Hon Hai of Taiwan saw Dec sales slump 20%


  • TECH
  • Friday, 08 Jan 2016

Down a little: Hon Hai Precision Industry Co, which goes by the trade name of Foxconn, reported a December revenue of T$409.65bil (RM54.02bil). — Reuters

TAIPEI: Taiwan's Hon Hai Precision Industry Co, which assembles the bulk of Apple Inc's latest smartphones, saw its December revenues slump by a fifth and full-year sales miss expectations.

The results, published on Jan 8, came amid growing concerns about slowing shipments of Apple's latest iPhone 6S models, which Hon Hai assembles.

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