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Foxconn sees 5% sequential growth in 3Q11 revenues

Ninelu Tu, Taipei; Joseph Tsai, DIGITIMES Asia 0

Foxconn Electronics (Hon Hai Precision Industry) has announced non-consolidated revenues of NT$665.66 billion (US$22.27 billion) for the third quarter of 2011, up 5% sequentially. Gross margin also rose from 3.2% in the second quarter to 3.5%.

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