Yahoo Finance Video
Foxconn, the company best known for assembling Apple's (AAPL) iPhones, reported that its first quarter revenue fell 9.6% from a year ago. Foxconn, which is formally known as Hon Hai Precision Industry (2317.TW, HNHPF), expects sales to grow in the current quarter. in the video above, Yahoo Finance's Brad Smith and Seana Smith discuss the report. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Stephanie Mikulich