TAIPEI – Foxconn reported $19.2 billion in consolidated sales for October, up 21.5% year-over-year and 0.82% sequentially, the second-highest monthly figure in the firm’s history.

In the first 10 months of this year, Foxconn posted $156.6 billion in consolidated sales, up 17.7% compared to the same period last year.

In October, the company’s computing device division had the highest revenue, ahead of communication device operations and consumer electronics.

Market analysts expect sales momentum to depend on how well the latest three iPhone models sell: the iPhone XS, the iPhone XS Max and the iPhone XR.

Foxconn reportedly makes up more than 50% of orders placed by Apple to assemble the iPhone XR, while the firm has received 80-90% of the iPhone XS and iPhone XS Max assembly orders.