November 15, 2017 / 1:10 AM / a month ago

Foxconn's shares slide 3 percent after third-quarter profit drops 39 percent

TAIPEI (Reuters) - Shares of Taiwan’s Foxconn (2317.TW), a major Apple Inc (AAPL.O) supplier, slid 3 percent on Wednesday after the electronics manufacturer reported a 39 percent slide in quarterly earnings amid later-than-expected shipments.

    Foxconn, formally known as Hon Hai Precision Industry Co, fell to T$103 a share in early trade.

    Reporting By Jess Macy Yu; Writing by Anne Marie Roantree; Editing by Richard Pullin

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