ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Companies

Foxconn earnings beat market estimates on booming 5G demand

Network and computing equipment offsets slowing iPhone sales

A spectrum auction for 5G services in Germany. Network equipment helped cushion the blow of slowing iPhone sales on Taiwanese assembler Foxconn.   © Reuters

TAIPEI -- Key iPhone assembler Foxconn delivered better-than-expected quarterly earnings on March 29, defying slowing sales of the smartphone as its network equipment business grew.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more