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Foxconn reports revenue increase for January


Friday, February 11, 2011

Foxconn Electronics (Hon Hai Precision Industry) has announced revenues of NT$186.23 billion for January 2011, down 23.88% sequentially but up 36.6% from a year earlier. Shipments of consumer electronics products remained the largest revenue earner followed by PC and telecom devices, the company said.

While most ODM/OEM companies were suffered an on-year decline in revenues in January, Foxconn's strong on-year gains indicate that the company has returned to a growth track, according to industry sources.

By: DocMemory
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