TAIPEI: Apple Inc supplier Foxconn reported on Thursday a rise of 5% in third-quarter net profit, Reuters calculations showed, missing market estimates.

The Taiwan company, which is the world’s largest contract electronics maker, said net profit for the July-September quarter rose to T$38.8 billion from T$36.98 billion a year earlier.

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Eleven analysts were expecting on average profit of T$41.3 billion, according to Refinitiv.