Tuesday, December 11, 2012
Foxconn Electronics has reported non-consolidated revenues of US$12.09 billion for November, a new record for the company and a growth of 27.57% on month.
Commenting on its performance in November, Foxconn noted that the growth was mainly contributed by strong consumer electronics shipments, while the company's stable performance in communication-related products also helped.
As for December, market watchers believe Foxconn has a chance to achieve further growth in revenues as demand for Apple's new iPhone and iPad will grow strong in China from the end of 2012 to February 2013.
The new iPhone and iPad products will start selling in China on December 14.
With improvements in in-cell panel production yield rates and assembly process, supplies of the new iPhone and iPad are gradually turning smooth with 90% of the retail channel receiving products since mid-November.
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