Andamanz.in
No Result
View All Result
Friday, July 11, 2025
  • Home
  • Business
  • Politics
  • City
  • Crime
  • Entertainment
  • Health
  • Tech
  • Sports
Andamanz.in
  • Home
  • Business
  • Politics
  • City
  • Crime
  • Entertainment
  • Health
  • Tech
  • Sports
No Result
View All Result
Andamanz.in
No Result
View All Result
Home Tech

Apple Provider Foxconn Expects Quarterly Gross sales to Fall as iPhone Doubts Develop

by Staff Reporter
January 7, 2024
in Tech
0
Apple Provider Foxconn Expects Quarterly Gross sales to Fall as iPhone Doubts Develop
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


Hon Hai Precision Industry warned of its fourth consecutive decline in quarterly gross sales after a 5.4 % slide within the final three months of 2023 steered shopper electronics demand stays muted.

The Taiwanese agency, also called Foxconn, reported a steep 27 % drop in December gross sales to NT$460.1 billion ($14.8 billion, or roughly Rs. 1,23,073 crore), concluding a NT$1.85 trillion quarter. It now sees gross sales falling within the present interval as effectively, including to concern concerning the newest iPhone technology’s momentum heading into the brand new 12 months.

As Apple’s foremost iPhone meeting accomplice, Foxconn offers perception into broad shopper demand for private tech. Apple’s iPhone 15 went on sale in September, to a combined early response in key markets: the US noticed it kickstart an improve cycle from earlier iterations whereas gross sales in China declined.

China will once more be a focus of challenges for the iPhone this 12 months, because the ban on the handset and different Apple {hardware} at Chinese businesses and state-backed corporations has widened and native tech big Huawei Technologies is reclaiming market share with its premium Mate 60 sequence.

Foxconn has additionally been the topic of a regulatory investigation in China, which shook buyers and the arrogance of international corporations working within the nation late final 12 months. The Taiwanese gadget builder is going through a rising problem from Chinese rival Luxshare Precision Industry, which is about to develop its iPhone manufacturing capability.

iPhone gross sales quantity is more likely to develop 2 % this 12 months, in need of the general cellular market progress of 5 %, in accordance with Counterpoint Research affiliate director Liz Lee. Huawei’s smartphone gross sales, however, are anticipated to develop 37 %. This week, Barclays and Piper Sandler lower theirs rankings for Apple as a result of gentle demand for its newest iPhone.

Foxconn is reliant on Apple for the majority of its income. Its cumulative gross sales in 2023 had been NT$6.16 trillion, down 7 %.

© 2024 Bloomberg LP


Apple launched the iPad Pro (2022) and the iPad (2022) alongside the brand new Apple TV this week. We focus on the corporate’s newest merchandise, together with our assessment of the iPhone 14 Pro on Orbital, the Gadgets 360 podcast. Orbital is accessible on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
Affiliate hyperlinks could also be robotically generated – see our ethics assertion for particulars.

Catch the most recent from the Consumer Electronics Show on Gadgets 360, at our CES 2024 hub.

Tags: appleapple supplier foxconn expects sales drop iphone 15 demand doubts foxconnDoubtsExpectsfallFoxconnGrowiPhoneiphone 15QuarterlySalesSupplier
  • Trending
  • Comments
  • Latest

Illegal Sand Mining: A Menace to Havelock Island

February 12, 2023
Crocodile Scare at Elephant Beach: Child Reptile Sparks Panic Amongst Tourists

Crocodile Scare at Elephant Beach: Child Reptile Sparks Panic Amongst Tourists

May 3, 2025

Eco Diver India Takes a Step Towards Reef Conservation: Offers Free Dive Master Courses to Andaman’s Underprivileged Youths

February 19, 2023
Low stress space shaped over South Andaman Sea, neighbouring area: IMD – Business Standard

Low stress space shaped over South Andaman Sea, neighbouring area: IMD – Business Standard

February 12, 2023
Full Ban on Recognized Single Use Plastic Objects all through the Nation from 1st July 2022

Full Ban on Recognized Single Use Plastic Objects all through the Nation from 1st July 2022

0
Large infrastructure undertaking threatens Great Nicobar Island

Large infrastructure undertaking threatens Great Nicobar Island

0
Absconding accused hotelier arrested from Haryana’s Karnal

Absconding accused hotelier arrested from Haryana’s Karnal

0
Cold Wave Sweeps Northern States Will Proceed For Subsequent 3 Days IMD

Cold Wave Sweeps Northern States Will Proceed For Subsequent 3 Days IMD

0
Indian Coast Guard Rescues Stranded US Yacht from Excessive Sea Off Indira Point in Daring Operation; Strategic Location of Great Nicobar Proves Important in Maritime Safety

Indian Coast Guard Rescues Stranded US Yacht from Excessive Sea Off Indira Point in Daring Operation; Strategic Location of Great Nicobar Proves Important in Maritime Safety

July 11, 2025
Assam Influencer Archita Phukan aka Babydoll Archi can also be common for…, not simply viral Kendra Lust photograph

Assam Influencer Archita Phukan aka Babydoll Archi can also be common for…, not simply viral Kendra Lust photograph

July 11, 2025
Giannis Antetokounmpo’s Obscure Milwaukee Remark Provides Hope to Knicks Followers

Giannis Antetokounmpo’s Obscure Milwaukee Remark Provides Hope to Knicks Followers

July 11, 2025
Infinix Hot 60 5G+ Launched in India With Customized AI Button, MediaTek Dimensity 7020 SoC

Infinix Hot 60 5G+ Launched in India With Customized AI Button, MediaTek Dimensity 7020 SoC

July 11, 2025

Most Popular

Ruhi to create drama seeing Abhira-Armaan collectively throughout a operate, will her emotions come out?

Ruhi to create drama seeing Abhira-Armaan collectively throughout a operate, will her emotions come out?

April 16, 2025
Khushi Mukherjee’s BOLD and surprising vogue decisions that stirred up controversies show she is a…

Khushi Mukherjee’s BOLD and surprising vogue decisions that stirred up controversies show she is a…

June 11, 2025
Madurai Paiyanum Chennai Ponnum OTT Launch Date: When and Where to Watch it On-line?

Madurai Paiyanum Chennai Ponnum OTT Launch Date: When and Where to Watch it On-line?

February 12, 2025
ICAR-CIARI to Open ‘Agro Eco Walk’ at Sippighat and Garacharma Farms for Public from April 21

ICAR-CIARI to Open ‘Agro Eco Walk’ at Sippighat and Garacharma Farms for Public from April 21

April 16, 2025
Havelock Island in Darkness: World-Class Vacationer Vacation spot Suffers Each day Blackouts and Digital Shutdowns

Havelock Island in Darkness: World-Class Vacationer Vacation spot Suffers Each day Blackouts and Digital Shutdowns

June 2, 2025
Nintendo Switch 2 Dock Renders Reportedly Leak, Displaying Design From Totally different Angles

Nintendo Switch 2 Dock Renders Reportedly Leak, Displaying Design From Totally different Angles

February 27, 2025
Andamanz.in

Categories

  • Breaking News
  • Business
  • City
  • Crime
  • Entertainment
  • Environment & Human Interaction
  • Health
  • Local News – Andaman & Nicobar
  • Politics
  • Scuba Diving
  • Sports
  • Tech
  • Tourism & Safety
  • Uncategorized
  • Wildlife & Conservation

Site Navigation

  • Home
  • Contact US
  • Privacy & Policy
  • Terms and Conditions

Recent News

Indian Coast Guard Rescues Stranded US Yacht from Excessive Sea Off Indira Point in Daring Operation; Strategic Location of Great Nicobar Proves Important in Maritime Safety

Indian Coast Guard Rescues Stranded US Yacht from Excessive Sea Off Indira Point in Daring Operation; Strategic Location of Great Nicobar Proves Important in Maritime Safety

July 11, 2025

© 2022 Andamanz - All Rights Reserved

No Result
View All Result
  • Home
  • Business
  • Politics
  • City
  • Crime
  • Entertainment
  • Health
  • Tech
  • Sports

© 2022 Andamanz - All Rights Reserved