Foxconn recorded a growth of about 27.57%
Mumbai/Bangalore- December 18, 2012 – Foxconn, world’s leading manufacturer of computer components and systems, has reported a non-consolidated revenues of NT$351.73 (US$12.09 billion) billion in the month of November, by establishing a new record that Foxconn has achieved in terms of revenue and growth of about 27.57% on a month.
Foxconn has seen this growth, mainly because of the strong consumer electronics shipments, Foxconn’s stable performance in communication about their entire line of products have helped them achieve this new record in their revenue. 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.
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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Company Information
Foxconn was established in 1974 and has grown to become the largest ODM in the world with nearly 1,000,000 employees and revenues in excess of USD 100 billion. Foxconn’s customer base includes many famous brands in computing, communications and consumer electronics, for example; Apple, Cisco, Dell, HP, Nokia and Sony. With expertise in design and manufacturing, Foxconn’s Channel Division is able to bring barebones and component products to channel customers around the globe, giving them the freedom to create their own solutions. To learn more, visit: www.foxconnchannel.com
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