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Foxconn Says April Sales Drop 12% due to Decline in Smartphone Shipments

boss Analysis

The growth of artificial intelligence technology is expected to increase the overall demand for fast-processing electronics. Foxconn Technology Co Ltd (Taiwan: 2354), one of the largest global employers in the electronics manufacturing industry and a major supplier to Apple Inc (NASDAQ: AAPL) announced a sales decline of 11.77 percent in April,

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Bitmain’s Cofounder Accused of Hindering Next-Gen Bitcoin Mining Rig Shipments

boss Bitcoin News, News

On June 11, 2020, regional reports disclosed that the cofounder of Bitmain, Micree Zhan, is still battling with Jihan Wu in an ongoing feud. The quarrel is allegedly causing shipment problems for customers, as reports note that Zhan is prohibiting deliveries stemming from the company’s Shenzhen factory.Bitmain Cofounder Micree

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