Foxconn reports Q2 net profit of $1B on revenue of $48B, up 45% YoY, and says global supply crunch will worsen this quarter (Debby Wu/Bloomberg)

Debby Wu / Bloomberg:
Foxconn reports Q2 net profit of $1B on revenue of $48B, up 45% YoY, and says global supply crunch will worsen this quarter  —  - Supply shortages will be more severe in 2Q than 1Q: Liu  — Hon Hai shares are down 20% from March high as crunch worsens

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