FIH swings to loss in 2010

Foxconn International Holdings (FIH), a handset-manufacturing subsidiary of Foxconn Electronics (Hon Hai Precision Industry), swung to net losses of US$218.3 million in 2010 from profits of US$38.6 million a year ago. Revenues decreased 8.2% to US$6.6 billion from the US$7.2 billion posted in 2009.



View Source »