Foxconn sees 'slightly better' 2024, warns on AI chip shortage

"We did pretty well last year, although we had a rather large write off in the first quarter," Foxconn Chairman Liu Young-way said on Sunday, referring to a writedown related to its 34% stake in Japanese electronics maker Sharp Corp. "As for this year's outlook, I think it might be slightly better than last year," Liu told reporters on the sidelines of the company's annual employee party in Taipei.
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