TAIPEI, March 5 (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, reported on Tuesday February revenue fell 12.33% year-on-year, and predicted first-quarter outlook will decrease year-on-year.

Foxconn will report fourth quarter earnings on March 14, when it will also update its outlook. (Reporting By Yimou Lee and Faith Hung; Editing by Jacqueline Wong)