Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
May 15, 2020 02:00 pm GMT

Foxconns profits plunged nearly 90%, due to COVID-19 shutdown

As earnings season winds down, were getting a solid picture on just how profoundly the COVID-19 pandemic has impacted corporations bottomline. Taiwan-based manufacturing giant Foxconn is among those companies that were utterly walloped over the previous quarter. Plant shutdowns particularly in China lead to a 90% year-over-year drop in profits for the quarter. […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/tMTcSrbLcnU/

Share this article:    Share on Facebook
View Full Article

Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

More About this Source Visit Techcrunch