TAIPEI -- Top iPhone assembler Foxconn, the world's largest contract electronics manufacturer, on Aug. 12 reported another quarterly profit decline as a slowing global economy and the expense of coping with a trade war eroded earnings.
The Taiwan-listed company, which trades as Hon Hai Precision Industry, said April-June net profit fell 2.5% on the year to 17.05 billion New Taiwan dollars ($541 million), the lowest three-month figure since the third quarter of 2013. It marked the third straight quarterly decline
