Taiwan’s Foxconn, the world’s largest contract electronics maker which counts technology giants such as Apple Inc among its major clients, reported a fourth-quarter profit on Wednesday that slightly beat market estimates.
Foxconn reported a net profit of T$44.4 billion ($1.55 billion) for October-December, down 3.4% compared with the year ago period, according to Reuters calculations based on company data, reports Reuters.
That compared with the T$43.32 billion average of 10 analyst estimates compiled by Refinitiv.
