Apple Laptop Maker Profit Halved after the Chinese Plant Stumbles
Apple Inc.’s MacBook assembler Quanta Computer Inc. said its Shanghai campus recovered from Covid-related disruptions more slowly than expected, halving its profits. Net income for the second quarter came in at NT$3.96 billion ($132 million). It has down 50% and is below the average estimate of NT$4.3 billion. Sales totaled NT$270.5 billion, compared to analysts’ […]