As earnings season winds down, we’re getting a solid picture on just how profoundly the COVID-19 pandemic has impacted corporations’ bottomline. Taiwan-based manufacturing giant Foxconn is among those companies that were utterly walloped over the previous quarter. Plant shutdowns — particularly in China — led to a 90% year-over-year drop in profits for the quarter. … Continue reading Foxconn’s profits plunged nearly 90% due to COVID-19 shutdown