Cutting Loose: Foxconn Targets $2.9B in Costs Tied to Apple's iPhone

The video discusses the decline in Foxconn's market performance, highlighting a 53% drop from its 2017 high. It details Foxconn's cost-cutting measures, including reducing iPhone-related business expenses and staff. The impact on Apple suppliers is analyzed, showing a decrease in interest and demand for iPhones. Despite these challenges, analyst recommendations remain stable, with expectations of continued gift buying during the holiday season.

What percentage has Foxconn's stock fallen from its 2017 high?

• 75%

• 25%

• 53%

• 10%

What is one of the cost-cutting measures Foxconn plans to implement?

• Cut iPhone-related business expenses

• Increase iPhone production

• Hire more technical staff

• Expand into new markets

How does Foxconn describe its cost-cutting measures in response to the Bloomberg report?

• A new strategy

• A routine exercise

• An emergency measure

• A temporary solution

Which supplier experienced the least decline in stock price over the past year?

• LG Display

• Pegatron

• Hon Hai

• TSMC

What trend is observed in consumer interest in new iPhones according to Google trends?

• Interest has doubled since 2013

• Interest remains unchanged

• Interest has increased slightly

• Interest is at half of what it was in 2013