Despite Lagging Sales, Hon Hai Predicts 2013 Revenue Record
Published: 26 June 2013
by Mike Buetow
TAIPEI -- Hon Hai Precision said lagging sales are challenging the company's streak of 15% year-over-year sales growth.
Chairman Terry Gou vowed to work as hard as necessary to reach the ODM/EMS company's sales goals, telling shareholders, "I'll do my best to reach the 15% target. I'll work 16 hours a day if I have to."
While Hon Hai (Foxconn's) January to May sales were down 12.6%, Gou said he still expects record 2013 sales.
