Foxconn quarterly profit falls by 40% due to iPhone X production delays<div class="feat-image">
</div><p>Foxconn reported its largest year-over-year earnings decline in a decade because of the initial iPhone X production problems.
Via Bloomberg, Hon Hai Precision Industry Co. (Foxconn) profits fell to $700 million in calendar Q3, a 40% decline compared to the same quarter in the previous year.</p>
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Foxconn quarterly profit falls by 40% due to iPhone X production delays