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Supply Chain

Foxconn raises outlook, saying supply chain situation improving

Key iPhone assembler taps into satellite technologies for EV push

NEW TAIPEI CITY, Taiwan -- Key iPhone assembler Foxconn on Tuesday raised its outlook for the current quarter and the full year, citing improving supply chain stability in China.

Young Liu, chairman of the world's largest contract electronics manufacturer, delivered the upbeat news to shareholders at the company's headquarters in New Taipei City.

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