| Foxconn's H1 Sales Up 25% YoY |
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| Written by Mike Buetow | |||
| Monday, 03 September 2012 10:20 | |||
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TAIPEI -- Hon Hai Precision Industry (Foxconn) first-half revenue rose 25% year-over-year to NT$1.89 trillion ($63.2 billion) on higher demand for iPhones and iPads. Net profits rose 0.005% from last year to NT$ 27.53 billion ($918 million). The company also reversed its previously stated accounting losses after the Taiwanese government vetoed its intended $800 million investment in Sharp. Foxconn previously had agreed to take a 9.9% stake in Sharp's LCD panel business for about $800 million. Discussions are ongoing. The EMS/ODM company took a book loss of NT$4.5 billion, with subsidiary Foxconn Technology taking a book loss of NT$2.26 billion. Foxconn is the world's largest contract electronics assembler and is the fourth largest printed circuit board fabricator. Ed: NT$1 = US$0.0334557 ------------------------ 台北 - 鸿海精密工业(富士康)上半年收入18900亿美元新台币(63.2亿美元),同比增长25%,与去年同期相比,今年的iPhone和iPad更高的要求。
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