"Going forward we will work harder on the management of our investment businesses," Foxconn Chairman Liu Young-way said on an earnings call, pointing to the Sharp loss.
Overshadowed by global economic uncertainty, Liu said "visibility" on the full-year outlook was limited and the company maintained a "conservative outlook".
Foxconn, formally called Hon Hai Precision Industry Co Ltd, has acquired the former General Motor Co plant in Lordstown, Ohio, and has also hired a former Nissan executive, Jun Seki, to lead its efforts in EV business expansion.
Overshadowed by global economic uncertainty, Liu said "visibility" on the full-year outlook was limited and the company maintained a "conservative outlook".