Foxconn reports November revenue up 18% YoY to ~$20.6B, the first YoY improvement since January 2023, and forecasts Q4 revenue to be better than expected (Jane Lanhee Lee/Bloomberg) 05-12-2023

Jane Lanhee Lee / Bloomberg:
Foxconn reports November revenue up 18% YoY to ~$20.6B, the first YoY improvement since January 2023, and forecasts Q4 revenue to be better than expected — It was the first year-on-year improvement in monthly results since January, helped by a comparison to last year’s disruptions by Covid Zero lockdowns in China.