Foxconn Electronics has announced net profits of NT$27.38 billion (US$945.93 million) for the first half with EPS down 20% on year to NT$2.58.

For the third quarter, Foxconn is expected to ship 20 million units of iPad 2 to Apple, a growth of 60% sequentially, and the orders should be the major growth driver for the company in the second half. However, Foxconn has declined to comment on a specific client.

By: DocMemory
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