Foxconn Q1 revenue drops 9.6% y/y, sees growth in Q2

TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker and Apple’s biggest iPhone assembler, on Friday reported first quarter revenue fell 9.6% year-on-year, but predicted second quarter revenue would rise year-on-year.

(Reporting by Ben Blanchard; Editing by Muralikumar Anantharaman)