A quarter with results above expectations that announced in the past few hours by Foxconn, the main assembler of Apple products, which has definitely managed to overcome the period of slowdown in smartphone sales due to the COVID-19 pandemic.
During the second quarter ended last June, Foxconn reported net income of $ 778.54 million, almost $ 5 million more than analysts estimated, up about 34% from the previous year. . These results reflect a huge turnaround for the Taiwanese manufacturer after a nearly 90% drop in earnings during the first quarter of the year.
Foxconn slashed its 2020 revenue prospects last March after stringent containment measures and forty measures were applied at its Chinese plants, at the height of the now largely resolved health crisis across the country.
The new range of iPhones will arrive in the fall and Foxconn has already begun seasonal hiring to be assigned to their production. According to KGI Securities, the Taiwanese company will have to assemble over 70% of the new iPhones.
Huawei's top at the best price? Huawei P30 Pro, on offer today by Mobzilla at 485 euros or from Unieuro at 569 euros.