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Foxconn sales growth set to halve, Chairman says

Mon, Sep 6, 2010

Gadgets

Gadget maker Foxconn International Holdings Ltd.’s Chairman Terry Gou reduces his long-term sales growth forecast for the company by half, saying its huge size makes big growth rates harder to sustain. Slowing personal computer sales also weigh negatively on its prospects even as demand for Apple-branded products, which it also produces, remains brisk, Gou says.

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