, Columnist
Trouble With COGS Hits Foxconn’s Profit Machine
Many component suppliers are hurting from higher prices. Some are winning.
Look a little closer.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Foxconn Technology Group turned in a stellar top-line performance last quarter. But the bottom line was a resounding disappointment.
To understand what went wrong, look past the headline numbers and dive into the P&L.