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Foxconn used to make half its revenue from Apple; now it’s below 29%

Wednesday, August 12, 2026Ben LovejoyView original

As Apple’s lead iPhone assembler, contract manufacturing company Foxconn long made more than half of its revenue from the Cupertino company.

As of the last quarter, however, that proportion fell to below 29%, and the company says the shift is going to be permanent – leaving investors concerned …

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