Why Foxconn's Cuts Are Not Just an Apple Problem

4,125 views · Published 22 November 2018 · 4:08 · Indexed 15 October 2026

Channel: Bloomberg Tech · 2018 · News & Politics

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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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