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Why Foxconn’s Cuts Are Not Just an Apple Problem

August 17, 2023
in AI & Technology
Reading Time: 1 min read
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Nov.21 — Foxconn Technology Group, the biggest assembler of Apple Inc. iPhones, aims to cut 20 billion yuan ($2.9 billion) from expenses in 2019 as it faces “a very difficult and competitive year,” according to an internal company memo. Tim Culpan, a Bloomberg Opinion columnist, has more on “Bloomberg Technology.” His opinions are his own.

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