Apple supplier Foxconn gives conservative outlook for 2024

Key iPhone assembler to invest in China, India, Mexico, Vietnam and U.S. next year

20231114 The logo of Foxconn

Foxconn, the main contract supplier for Apple, expects to see around 5% growth next year in the absence of further international volatility.  © Reuters

LAULY LI, Nikkei Asia tech correspondent

TAIPEI -- Foxconn, the world's largest contract electronics manufacturer, has adopted a cautious outlook for 2024, predicting revenue growth of less than 5% amid intense geopolitical uncertainty.

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