Foxconn Electronics released its consolidated financial report for the third quarter of 2012, with its gross margin of 9.54% being the highest quarterly level since the fourth quarter of 2009.

Gross margin kept rising from 6.64% in the first quarter of 2012 to 7.93% in the second, and further to 9.54% in the third, mainly due to a better product mix, including servers, storage equipment and devices with high ASPs, as well as significant improvement in production efficiency through adjustments to production lines, Foxconn said.

By: DocMemory
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