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Foxconn Cautiously Optimistic
Description
Foxconn, a major supplier of Apple ($AAPL@US), said on Tuesday that it is “cautiously positive” about Q4 sales. Foxconn said September revenue totaled $25.9 billion up 40.4% year-on-year and 83.2% higher than August, a monthly sales record for the company. “The dynamics of inflation, the pandemic, and the supply chain still need to be closely monitored,” Foxconn said.
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