English Story

2011上半年富士康损失$1765万

Foxconn International, which assembles products including Apple's iPhone, has seen its half-year losses narrow to $17.65m.

2011年上半年,为包括苹果iPhone在内的多家公司生产组装产品的富士康国际的损失降低至1765万美元。

Although it marked an improvement on the $143m loss suffered in the first six months of 2010, it was the third successive half-year loss for the firm.

Some analysts believe the company could make a profit next year, if key clients improve their product mix.

About 70% of Foxconn's revenue comes from Nokia and Motorola.

However Nokia has been losing share in the mobile handset market to rivals Huawei Technologies and ZTE, which has had a knock-on effect on Foxconn.

Worker suicides

Foxconn has also struggled with a series of problems, including rising costs, worker unrest, a fatal explosion at a Chinese factory and a series of suicides by employees in China.

The company was criticised by the Hong Kong stock exchange in June for failing to issue a profit warning despite knowledge of its weak performance in 2008.

Foxconn International's shares were subsequently removed from the market's benchmark Hang Seng Index.

Foxconn's stock has lost more than a third of its value so far this year.