Foxconn's February revenue down 12.33% y/y, sees Q1 fall

FILE PHOTO: Foxconn logo is seen in this illustration taken, May 2, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, reported on Tuesday February revenue fell 12.33% year-on-year, and predicted first-quarter outlook will decrease year-on-year.

Foxconn will report fourth quarter earnings on March 14, when it will also update its outlook.