TAIPEI – Foxconn reported August revenues of NT$400 billion (US$14.5 billion), down 4.9% year-over-year and 4.3% sequentially.

Year-to-date consolidated revenues were NT$3.52 trillion, an increase of 22.1% compared to the same period in 2020.

The world’s largest EMS/ODM saw strength in cloud computing and smart consumer devices, PCs, and components.

Foxconn expects flat sequential third quarter sales. September revenues will be driven primarily by shipments of new smartphones.

Ed.: NT$1 = US$0.036

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