Foxconn Reports August Revenue Up Nearly 6%
TAIPEI – Foxconn reported revenue of NT$420.6 billion ($14.2 billion) in August, up 5.5% year-over-year and 4.3% sequentially.
The figure was a record high for the month of August, as a result of sales growth in consumer electronics, components, computer peripherals and cloud computing businesses, according to reports.
Consumer electronics had the largest monthly increase, while computer peripherals posted the largest annual increase.
For the first eight months of 2020, Foxconn reported revenue of NT$2.9 trillion, down 4.4% year-over-year.
The company expects third quarter revenue higher than the second quarter but lower than the same period in 2019.
Ed.: NT$1 = US$0.03
Register now for PCB West Virtual 2020, the leading conference and exhibition for the printed circuit board industry, happening this week. pcbwest.com
Press Releases
- Critical Manufacturing Partners with Loftware to Deliver Seamless MES and Labeling Integration
- ViTrox Announces Exciting New Partnership with Hitronix Technology and Key Hire to Enhance Sales and Support Services in Brazil
- CE3S to Discuss Strategic Sourcing and Distribution Solutions at the SMTA Long Island Expo & Tech Forum
- KIC to Exhibit at Four SMTA Expo & Tech Forums in August