Foxconn reports record first-quarter revenue

TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, reported on Saturday that its first-quarter revenue jumped 24.2% to a record high for the quarter. Foxconn said that it expected second-quarter business to grow both from the previous three months and from the same quarter last year but that the "impact of evolving global political and economic conditions will need continued close monitoring".

(Reporting by Ben Blanchard; Editing by William Mallard).