Apple Supplier Foxconn Forecasts Tough Year on China COVID Curbs, Inflation - Tech news daily

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Thursday, 12 May 2022

Apple Supplier Foxconn Forecasts Tough Year on China COVID Curbs, Inflation

Apple supplier Foxconn warned that currentquarter revenue for its electronics business including smartphones could slip as growth slowed amid rising inflation and cooling demand in lockeddown China, as well as escalating supply chain issues.

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