Foxconn sticks to strong end-of-year sales outlook

TAIPEI: Taiwan’s Foxconn, the world’s largest contract electronics maker and a major Apple supplier, on Sunday stuck to its previous outlook of strong year-end holiday sales, and said customers were buying well in China and the United States.

The fourth quarter is traditionally the hot season for Taiwan’s tech companies as they race to supply smartphones, tablets and other electronics to major vendors such as Apple for the year-end holiday period in Western markets.