TAIPEI -- A delay in the production of Apple's flagship handset this year has taken a toll on the third-quarter earnings of Hon Hai Precision Industry, also known as Foxconn Technology Group, the sole assembler of iPhone X.
On Tuesday, Foxconn reported operating profit of 18.71 billion New Taiwan dollars ($620 million), down 55.5% year-over-year, on revenue of NT$1.07 trillion, up 0.33%, in the three-month period ended September.
