CONNECT WITH US
Sign out

Foxconn revenues hit new high in September

Kung-tien Huang, Taipei
0

Foxconn Electronics (Hon Hai Precision Industry) has reported that its unconsolidated revenues hit a new high in September totaling NT$115.16 billion (US$3.53 billion), up 14.7% sequentially and up 29.7% on year.

Growing shipments of consumer electronics products, PC products, and networking equipment helped drive revenues growth in September, said company spokesman Edmund Ding.

The fourth-quarter outlook is also positive as the October-December period is a traditional peak season for the electronics industry, Ding added.

For the first three quarters of this year, Foxconn's unconsolidated revenues amounted to NT$822.75 billion, up 39.5% on year, the company said.

Article translated by Steve Shen and edited by Ricky Morris