Foxconn Electronics (Hon Hai Precision Industry) has announced revenues of NT$229.45 billion (US$7.92 billion) for July, up 0.45% on month and 16.97% on year.

With the company's strategy of moving its production lines into western China and to gradually transition its work force from manual labor to automation, market watchers are optimistic about Foxconn's future revenue performance and expect its profitability will also improve.

By: DocMemory
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