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Foxconn shares rise after offering cautiously optimistic Q4 outlook

Reuters
Reuters
FILE PHOTO: People wear masks to protect themselves from coronavirus disease (COVID-19) while listening to the annual general meeting at the lobby of Foxconn's office in Taipei

TAIPEI (Reuters) – Shares in Taiwan’s Foxconn, the world’s largest contract electronics maker, rose 3% on Wednesday morning after the company said it was “cautiously optimistic” about its fourth-quarter revenue outlook.

Foxconn, a major Apple Inc supplier, also on Tuesday reported record-breaking September sales.

(Reporting by Ben Blanchard; Editing by Shri Navaratnam)

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