ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Supply Chain

Foxconn chairman predicts exceptional Q1 but challenging 2022

Young Liu says EVs and metaverse will bring opportunities 'not seen for decades'

Foxconn Chairman Young Liu attends the Taiwanese company's year-end festival on Jan. 23. The event was held online due to COVID-19 concerns. 

TAIPEI -- Major iPhone assembler Foxconn said on Sunday it expects an exceptionally strong first quarter with many of its key manufacturing complexes working overtime during the upcoming Chinese New Year holiday.

"The Lunar New Year is a time for family reunions. But as our performance in the first quarter is likely to outperform [typical years], we will only have two days of holidays at several important facilities," Foxconn Chairman Young Liu said in an online speech at the company's year-end event. "This is a very prosperous situation that we have never seen before."

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