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Foxconn Reports July Revenue up 35% YoY

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Foxconn Reports July Revenue up 35% YoY

Written by Chelsey Drysdale
Monday, 11 August 2008
TAIPEI – EMS provider Foxconn Electronics reported July revenue of about $4.18 billion, up 34.9% year-over-year, and up 21.2% sequentially. The firm mainly attributes the increase to growing shipments of consumer electronics and related products. Total revenue from January to July was nearly $24 billion, up 22.8% compared to the same period in 2007. A Foxconn spokesman said the company is on track to meet its annual growth target, say published reports.

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