Foxconn quarterly profit hits two-decade low, sees growth from post-virus lifestyles
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TAIPEI (Reuters) - Foxconn's first-quarter profit plunged to its lowest in two decades, all but wiped out, after the coronavirus pandemic forced the Taiwanese firm to suspend manufacturing operations in China and knocked demand from customers including Apple Inc .But the world's largest contract electronics manufacturer, formally called Hon Hai Precision Industry Co Ltd, said the worst of the virus outbreak for the company was over. New growth was to be found in the work-from-home lifestyles..