An Interest In:
Web News this Week
- March 29, 2024
- March 28, 2024
- March 27, 2024
- March 26, 2024
- March 25, 2024
- March 24, 2024
- March 23, 2024
May 15, 2020 02:00 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/tMTcSrbLcnU/
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:
Tweet
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