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International Business Times
International Business Times
Business
AFP News

Foxconn Reports 33% Rise In Fourth-quarter Net Profit

Foxconn, also known as Hon Hai Precision Industry, enjoyed a second successive quarter of surging profits in October-December (Credit: AFP)

Taiwanese tech giant Foxconn on Thursday reported a 33 percent jump in net profit during the final three months of 2023, marking the second straight quarter of growth for the Apple supplier.

The firm -- also known by its official name Hon Hai Precision Industry -- is the world's biggest contract electronics manufacturer and assembles devices for several companies, most notably Apple's iPhones.

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