Apple Inc supplier Foxconn said on Thursday it expected smartphone revenue to fall this quarter and is adjusting production to prevent recent COVID-19 curbs at a massive iPhone factory in China from impacting holiday orders.
said on Thursday it expected smartphone revenue to fall this quarter and is adjusting production to prevent recent COVID-19 curbs at a massive iPhone factory in China from impacting holiday orders.
"We will definitely work all out to adjust our production capacity and output, so there is no impact on demand for these two holidays," Liu said. He did not give details. If disruptions persist, it could hamper Foxconn's ability to ship iPhones in what is traditionally the peak season for Taiwan tech firms as they race to supply cellphones and other electronics for the year-end holiday period in Western markets followed by the Lunar New Year in East Asia.
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