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Foxconn Profit Down As Scrutiny Forces Corporate Changes

Taiwanese electronics manufacturer Foxconn saw its profits fall to $509 million from $1.19 billion last quarter. Chairman Terry Gou said this quarter was particularly affected by Foxconn's recent image problem. Improvements in wages, worker benefits, and education accounted for some of the loss, although new iPad and iPhone 4S manufacturing bolstered income last quarter.

Foxconn Profit Down As Scrutiny Forces Corporate Changes
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