Table of Contents

iPhone Manufacturer Reports Fall in Revenue as Demand Weakens

Foxconn, Apple’s largest supplier, reported an 11.65% drop in revenue as compared to the same period in 2022.

One of Apple’s largest suppliers, Foxconn, has disclosed a decline in monthly sales of 11.65% from the same period in 2022. According to Foxconn, this decline in revenue derives from a reduced demand for electronics.

Read More: Apple to Manufacture iPhones at New Plant in India

According to the iPhone supplier, “due to conservative clients’ pull-in,” the overall demand for computer, smart consumer electronics, cloud, and networking equipment declined in February.

Foxconn also revealed how its world’s biggest iPhone manufacturing in Zhengzhou, China, is now finally resuming its operations after encountering serious challenges owing to the recent COVID lockdowns throughout different regions of the country.

Read More: Women’s Day 2023 in Pakistan

At the period when the Foxconn factory region was shut down by the Chinese authorities, Apple suffered significantly. The company informed customers that the shipments for the iPhone 14 will be delayed in a statement at the time.

Foxconn intends to invest roughly $1 billion to establish an iPhone manufacturing facility in Bengaluru, according to press leaks.

Read More: Microsoft to Start Testing Windows 12 Already

Foxconn Chief Executive Young Liu said, “Foxconn will continue to cooperate with local governments to seek the most advantageous development possibilities for the company and all stakeholders.

For more updates, stay tuned to Al Sadat Marketing News.

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Talk to Us!

Latest Posts


Leave a Reply

Your email address will not be published. Required fields are marked *