Foxconn shares rise after offering cautiously optimistic Q4 outlook By Reuters

© Reuters. FILE PHOTO: People wear masks to protect themselves from the coronavirus disease (COVID-19) while listening to the annual general meeting at the lobby of Foxconn’s office in Taipei, Taiwan, June 23, 2020. REUTERS/Ann Wang

TAIPEI (Reuters) – Shares in Taiwan’s Foxconn, the world’s largest contract electronics maker, rose 3% on Wednesday morning after the company said it was “cautiously optimistic” about its fourth-quarter revenue outlook.

Foxconn, a major Apple Inc (NASDAQ:) supplier, also on Tuesday reported record-breaking September sales.

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