Apple supplier Foxconn third-quarter profit near flat, beats estimates

Topics Foxconn | Apple  | Q3 results


TAIPEI (Reuters) - Foxconn <2317.TW>, the world's largest contract electronics maker, reported near flat quarterly profit on Thursday, beating market estimates amid firm demand for telecommuting devices as the pandemic-induced work-from-home trend continues. The Taiwanese company, whose clients include technology majors such as Apple Inc , booked July-September net profit of T$30.

8 billion ($1.08 billion), Reuters calculations showed based on nine-month figures. That compared with the T$28.61 billion average of 13 analyst.....

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