Foxconn announces growth in 3Q11; may face challenges in 4Q11

Max Wang and Ninelu Tu, Taipei; Joseph Tsai, DIGITIMES Asia Tuesday 15 November 2011 0

Foxconn Electronics (Hon Hai Precision Industry) has announced consolidated revenues of NT$863.29 billion (US$28.58 billion) for the third quarter, up 9.8% sequentially; however, the company's consolidated gross margin declined on quarter to only 7.05%...

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