TAIPEI – Foxconn reported March sales were down 7.7% year-over-year to NT$347.7 billion (US$11.8 billion).

First quarter revenue was NT$929.7 billion, down by 12% compared to the same period last year.

Profit fell 23.7% in the fourth quarter as the impact of the Covid-19 crisis approached.

Ed.: NT$1 = US$0.03