Foxconn Q1 sales edge up, but Q2 outlook poor

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Taiwanese tech giant Foxconn's revenue rises 3.9% year-on-year in the first quarter but the outlook was poor for second quarter

, said on Wednesday that revenue in the first quarter rose 3.9% year-on-year, but that sales for the current quarter would be down.

The rise in sales for the first three months of the year, to T$1.46 trillion, was a fresh record high for the same period, and in line with previous guidance, FoxconnFor smart consumer electronics products, which includes smartphones, revenue in March declined due to new product launches in the same period last year.

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