Foxconn warns chip shortage will last until second half of 2022

Major Apple iPhone supplier Foxconn has cautioned that the global chip shortage is likely to continue for longer than previously expected.Hon Hai Precision Industries owns FoxconnFoxconn’s previous Q2 earnings saw the company beat estimates. However, it said that it was having to “wait and see” whether the chip shortage or coronavirus outbreaks would have an impact. Read more…
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