TAIPEI -- Foxconn, the world's biggest contract electronics manufacturer, says the global chip shortage will reduce its shipments by 10% -- a rare acknowledgement that shows some of the world's biggest consumer names from Apple to Amazon might face headwinds from the supply crunch rocking the tech industry.
"The [supply in the] first two months of this quarter was still ok, as our clients are all very big, but we started to see changes happening this month," Chairman Young Liu said in an earnings call on Tuesday.
