TAIPEI — Foxconn, the world’s largest contract electronics manufacturer, has adopted a cautious outlook for 2024, predicting revenue growth of less than 5% amid intense geopolitical uncertainty.
“If there aren’t any political or macroelectronics changes, the markets will probably grow and we will see around 5% growth,” Foxconn Chairman Young Liu said in an earnings call on Tuesday. “But such growth will easily be offset by geopolitical dynamics.”
