Taiwan-based Foxconn, the world’s largest contract manufacturer of electronics and a major Apple supplier, is predicting revenues will potentially dip this year due to continuing supply chain issues. In a March 15 earnings call, Foxconn Chairman Liu Young-way called 2022 a “very challenging year” but said he was “cautiously positive” about this year’s sales outlook. The company expects revenues in the first quarter of 2022, and for the full year, to range between a 3 percent decline and a 3 percent increase, and smartphone revenue is expected to remain flat for the year, Reuters reported. “The pandemic has not eased, inflation is high, and global politics are getting tense—these all further complicate supply and demand and lead to great uncertainty to our outlook,” Liu said in the Reuters report. He had earlier warned that the ongoing chip shortage could extend into the second half of the year, and he said the company is …