Foxconn iPhone Sales Drop, Outlook Lowered

Foxconn iPhone Sales Drop, Outlook Lowered

Foxconn, the world's largest contract manufacturer of iPhones, has reduced its full-year sales outlook due to declining smartphone demand. The company is expecting a 4-6% decrease in revenue this year. Foxconn's chairman and founder recently said that the company will focus on expanding its investments in industrial internet and artificial intelligence in order to cope with the challenging market conditions. #Foxconn #SmartphoneDemand #AI #IndustrialInternet 🤖📱
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