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Foxconn growth slows, sparks AI, iPhone demand concerns
Foxconn, a key supplier for Apple and Nvidia, has reported its slowest monthly sales growth since February.
This has raised concerns about the demand for AI infrastructure and iPhones.
Foxconn announced October sales of NT$804.9 billion (US$25.2 billion), which is an 8.6% increase, although it signals a slowing trend.
Recent Apple developments
| Timeline |
|---|
05-Nov-2024 🕶️ Apple explores smart glasses via ‘Atlas’ initiative
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05-Nov-2024 🇮🇩 Apple plans $10m factory in Indonesia to lift iPhone ban
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04-Nov-2024 📱 Apple, Indonesia in talks over iPhone 16 investment gap
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04-Nov-2024 📡 Apple to invest $1.5b in Globalstar for iPhone services
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04-Nov-2024 🖼️ Apple acquires Lithuanian image editing firm Pixelmator
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| 01-Nov-2024 📉 Apple’s China sales dip despite iPhone boost |
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