The largest manufacturer of contract electronics in the world, based in Taiwan, reported an increase in net profit for the April-June quarter to T$33.29 billion from T$29.78 billion a year earlier. According to Refinitiv, eleven analysts projected an average profit of T$31.98 billion. The corporation, like other big manufacturers worldwide, has struggled with a severe chip shortage that has limited the production of smartphones and, more lately, a decline in important markets brought on by high inflation and the conflict in Ukraine.
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