![A motorcyclist rides past the logo of Foxconn, the trading name of Hon Hai Precision Industry, in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone Siu](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/H6L7DXUMS7H6MYFRX3LHNDGO3A.jpg?smart=true&auth=05b432785e82ae9c5dd4993975fd18641273d22e2ce21526a321d23973a854bd&width=400&height=225)
For 2018 as a whole, Foxconn's net profit was down 6.9 per cent from 2017. Reuters
For 2018 as a whole, Foxconn's net profit was down 6.9 per cent from 2017. Reuters
Taiwanese manufacturer Foxconn posts fall in profits
Prolonged downturn in global tech demand is further likely to hit profits