Foxconn must cut spending ahead of ‘very difficult’ 2019

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Apple’s biggest supplier, Foxconn, is having to shed a whole lot of costs. According to an internal company memo, it aims to cut 20 billion yuan ($2.9 billion) from its expenses in 2019. This is supposedly because it faces, “a very difficult and competitive year” — although it does not expand on exactly what this […]

(via Cult of Mac - Tech and culture through an Apple lens)

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