Apple supplier Foxconn's Q4 revenue falls as smartphone sales slip

FILE PHOTO: People wear masks to protect themselves from the coronavirus disease (COVID-19) while listening to the annual general meeting at the lobby of Foxconn's office in Taipei, Taiwan, June 23, 2020. REUTERS/Ann Wang

TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker that counts Apple as a major client, reported a 6% fall in revenue, its first in five quarters, hurt by a drop in sales of consumer products including smartphones.

The company had predicted an up to 15% year-on-year fall in revenue for the fourth-quarter citing the impact of a year-long shortage of chips that has disrupted production at companies from Apple to GM.