Apple's Key Supplier Foxconn's Gross Profit Hit 7 Year High In Q3, Aims To Expand AI Capabilities By Next Year
Apple Inc.'s (NASDAQ: AAPL) Taiwan-based supplier Foxconn (OTC: HNHPF) reported its third-quarter results on Thursday. The company, also known as Hon Hai Precision Industry, said its profit margins improved across the board.