Taiwan's Foxconn says unlikely to suffer loss from Microsoft lawsuit

The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's building in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone Siu - Copyright TYRONE SIU(Reuters)

By Reuters

Published on 12/03/2019 - 05:34•Updated 26/04/2024 - 14:29

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TAIPEI (Reuters) - Foxconn does not expect to suffer any loss as a result of a lawsuit filed by Microsoft Corp, the chief executive of the Taiwanese company, Terry Gou, said on Tuesday.

Microsoft has said it is suing Foxconn, the contract manufacturer that rose to global prominence as assembler of the Apple iPhone, for what it claims are unpaid patent royalties.