News Snapshot:
TAIPEI :Foxconn, which assembles Apple's iPhones, reported a consensus-beating 30per cent surge in quarterly profit on Thursday but cautioned it would have to "wait and see" if the worsening COVID-19 crisis in Asia would hurt its supply chain. The world's largest contract electronics maker has benefited from strong demand for technology products as people continue to telecommute amid the pandemic - a trend smartphone and laptop sellers such as Samsung Electronics and Lenovo say is likely to persist. For the Taiwanese company, demand for smartphones has been the main driver of record high net profit and revenue in the first...
