Foxconn Electronics (Hon Hai Precision Industry) has announced consolidated revenues of NT$260.33 billion (US$8.38 billion) for March, up 10.77% on month, but down 27.28% on year, while revenues for the first quarter reached NT$808.97 billion, down 28.85% on year.

Foxconn pointed out that the company's PC and communications product lines had better performance than its consumer electronics-related product lines in March. As for whether the company will enjoy good growth after April as said by Foxconn chairman Terry Guo previously, the company declined to comment further.

Although Foxconn did not perform well in the first quarter, some market watchers believe the company will still have a chance to return to growth after clients' new products are released in the second half.

By: DocMemory
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