Foxconn’s annual revenue fell for the first time since 1991 amid falling iPhone sales
Revenue of Foxconn Technology Group, contract manufacturer and assembler of Apple smartphones, fell for the first time since 1991, after the company IPO. Reported by analysts from Nikkei, citing financial report of the company.

In 2016 revenue Foxconn was 4.36 trillion new Taiwan dollars ($136,38 billion), a decrease of 2.81% compared to the year 2015. Analysts attribute the Nikkei falling revenues General decrease in demand for the iPhone last year. In particular, in January 2016, …







