Foxconn International posts biggest-ever loss in 2012

By Lee Chyen Yee HONG KONG (Reuters) - Foxconn International Holdings Ltd (FIH), the world's biggest contract maker of cellphones, fell into the red in 2012 with a net loss of $316.4 million due to weak orders from some of its major customers. The loss, the company's biggest since its listing in 2005, was slightly smaller than an average estimate of $317.9 million from a Thomson Reuters I/B/E/S poll of 10 banks and brokerages. FIH had reported a net profit of $72.8 million in 2011, it said in a statement on the Hong Kong stock exchange on Thursday. ...

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