iPhone maker Foxconn’s sales decline as China begins probe
Hon Hai Precision Industry Co.’s October sales slid, reflecting uncertainty in its business after Beijing launched an investigation into the world’s biggest iPhone assembler. Apple Inc.’s most important partner, also known as Foxconn, reported a 4.6% decline in October revenue to NT$741.2 billion ($23 billion). It’s also sticking with a “significant growth outlook” for the … Read more
