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Foxconn achieves US$12.09-Billion Revenues

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Sharefin

Foxconn has reported a non-consolidated revenue of NT$351.73 (US$12.09 billion) billion in the month of November, by establishing a new record that Foxconn has achieved in terms of revenue and growth of about 27.57 per cent in a month.

 

Foxconn has seen this growth, mainly because of the strong consumer electronics shipments, Foxconn's stable performance in communication about their entire line of products have helped them in achieving this new record in their revenue. Market watchers believe Foxconn has a chance to achieve further growth in revenues as demand for Apple's new iPhone and iPad will grow strong in China from the end of 2012 to February 2013.

 

With improvements in in-cell panel production yield rates and assembly process, supplies of the new iPhone and iPad are gradually turning smooth with 90 per cent of the retail channel receiving products since mid-November.