iPhone Maker Foxconn Expects Supply-Chain Issues to Continue

TAIPEI— Foxconn Technology Group, the biggest manufacturer of Apple Inc.’s iPhones, said the global supply-chain crunch is expected to last until the second half of next year, a sign of headwinds that electronics shipments could continue to face.

Foxconn, the world’s biggest electronics contract manufacturer, also said it expects its October-December consumer electronics revenue to decline on year, citing the component shortages that the industry has been grappling with.