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Opinion
Tim Culpan

When Foxconn Sounds the Alarm, You Better Listen

Steep cost cuts at the assembler of iPhones signal deep trouble in the global electronics industry.

Terry Gou settles on a big number.

Terry Gou settles on a big number.

Photographer: Akio Kon/Bloomberg

There’s no denying it now.

The global electronics industry is in a funk, and the world’s biggest manufacturer has the wounds to prove it.