Apple supplier Foxconn made a profit of $778.5 million in Q2

Major Apple supplier Foxconn which is better known as Hon Hai Precision Industry announced that results of profit in the second quarter of this year are unexpectedly good. The sales of the smartphones have decreased because of the pandemic but the Taiwanese electronics manufacturer company made a profit of $778.54 million in Q2 which is 34 per cent higher than the previous year.