iPhone Maker Foxconn Expects Supply-Chain Issues Until Second Half of 2022
TAIPEI— Foxconn Technology Group, the biggest manufacturer of Apple Inc.’s iPhones, said the global supply-chain crunch is expected to last until the second half of next year, a sign of headwinds that electronics shipments could continue to face.
Foxconn, the world’s biggest electronics contract manufacturer, also said it expects its October-December consumer electronics revenue to decline on year, citing the component shortages that the industry has been grappling with.
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