Foxconn cutting costs citing ‘very difficult and competitive’ 2019 outlook amid iPhone sales fears<div class="feat-image">
</div>
<p>As many suppliers and analysts raise concerns about iPhone sales outlook, Foxconn is setting out to cut costs according to an internal memo
seen by Bloomberg. Foxconn is Apple’s biggest assembler of iPhones so its performance is often seen as a proxy for Apple itself.</p>
<p>Foxconn aims to reduce costs by almost 20 billion yuan ($3bn) for the 2019 year, which includes laying off about ten percent of its ‘non-technical’ workforce.</p>
<p> <a href="
https://9to5mac.com/2018/11/21/foxconn-cut-costs-iphone-sales/#more-564269" class="more-link">more…[/url]</p>
<p>The post <a rel="nofollow" href="
https://9to5mac.com/2018/11/21/foxconn-cut-costs-iphone-sales/">Foxconn cutting costs citing ‘very difficult and competitive’ 2019 outlook amid iPhone sales fears[/url] appeared first on <a rel="nofollow" href="
https://9to5mac.com">9to5Mac[/url].</p><div class="feedflare">
<img src="[url]http://feeds.feedburner.com/~ff/9To5Mac-MacAllDay?i=VHDqwb1ggnc:zpBRrayYji4:D7DqB2pKExk" border="0"></img>[/url]
</div><img src="
http://feeds.feedburner.com/~r/9To5Mac-MacAllDay/~4/VHDqwb1ggnc" height="1" width="1" alt=""/>
Source:
Foxconn cutting costs citing ‘very difficult and competitive’ 2019 outlook amid iPhone sales fears
