Flextronics Reports Record-High Sales
Published: 27 April 2007
by Staff
SINGAPORE – Flextronics reported fourth quarter net sales of $4.7 billion, a 32% increase year-over-year. Net income for the same quarter was $121 million, an increase of 181% over $43 million in the fourth quarter.
For fiscal 2007, sales were $18.9 billion, a $3.6 billion increase over fiscal 2006 – a record high. Net income improved to $509 million, compared to $141 million in 2006.
In December, the contract manufacturer acquired Roseville-based International DisplayWorks Inc.
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