TAIPEI – Foxconn reported third quarter revenue increased 8.8% year-over-year to NT$1.406 trillion (US$50.6 billion).

Net profit for the period rose 20% year-over-year to NT$37 billion.

Net profit for the first nine months of 2021 grew 70% year-over-year to NT$94.9 billion, while revenue increased 22.5% to NT$4.1 trillion.

Foxconn expects consumer electronics, cloud and components businesses to improve sequentially in the fourth quarter.

Ed.: NT 1 = US$0.036