Foxconn opposes the Distorting Factors | News

The corona crisis, supply chain problems, fears of inflation and recession – all could leave smartphone maker Foxconn largely cold. The company, best known as a supplier to Apple, is optimistic about the year.

Business at Foxconn is booming. The contract smartphone manufacturer looks to the future with confidence and assumes that it will achieve its annual goals. Reason: the request is right.

As Foxconn announced, the outlook has improved: sales are no longer expected to stagnate. However, the largest contract electronics manufacturer in the world did not provide any further details.

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According to information, revenues increased significantly in June. They would be almost a third higher than in the comparable month of the previous year. Thus, Foxconn was able to counter speculation that the company was suffering more and more from the semiconductor crisis. The topic of inflation as a stress factor did not give up the market. Foxconn produces Apple iPhones in its factories.

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