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Foxconn 2Q14 profit grows, but revenues drop

Ninelu Tu, Taipei; Joseph Tsai, DIGITIMES Asia 0

Foxconn Electronics (Hon Hai Precision Industry) has reported its second-quarter results: consolidated revenues reached NT$879.09 billion (US$29.3 billion), down 0.49% sequentially; gross margin was 7.05%, up 1.01pp from the first quarter; net profit...

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