Taiwan’s Foxconn says biggest challenge is US-China trade war

Qilai Shen | Bloomberg | Getty Images

Foxconn’s booth at the CES Asia 2018 show in Shanghai, China, on June 13, 2018.

Foxconn, the world’s largest electronics contract manufacturer and a major supplier for Apple, said on Friday the biggest challenge the company is facing is the threat of a trade war between Washington and Beijing.

Chairman Terry Gou was speaking at the company’s annual general meeting in Taipei as trade tensions stoke fears about the impact on the global supply chain.

Foxconn is formally known as Hon Hai Precision Industry.