Foxconn shares fall 4.7 percent on Nokia outlook cut
HONG KONG, April 23 (Reuters) - Shares of Foxconn International (2038.HK), the world's largest top contract cell phone maker, fell about 4.7 percent to their lowest level in more than four months after Nokia (NOK1V.HE) cut its profit outlook. The world's top cell phone maker Nokia cut its profit outlook as it battles to compete in the fast-growing high end of the market, delaying the launch models to challenge the iPhone and Blackberry. [nLDE63J2CV]
((Reporting by Vikram S Subhedar; Editing by Chris Lewis))
((vikram.subhedar@thomsonreuters.com; +852 2843 6975; Reuters Messaging: vikram.subhedar.reuters.com@reuters.net))
((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) Keywords: FOXCONN/HOTSTOCK
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