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Foxconn profit slips, guides strong growth

Mint New Delhi

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March 17, 2026

Taiwan's Foxconn, the world's largest contract electronics maker, said on Monday it expected strong revenue growth in the first quarter and the whole of this year, even as it posted a fall of 2% in quarterly profit, lagging estimates.

The technology giant, Nvidia’s biggest server maker and Apple's top iPhone assembler, did not give a reason in its statement for the fall in profit, which came despite robu

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