19.2 C
New York
Saturday, October 5, 2024

Foxconn’s revenues rose 20% year-on-year in the third quarter

Foxconn’s revenues rose 20% year-on-year in the third quarter

Foxconn is the largest electronics manufacturer in the world based on the volume of its contracts, and it is also the largest company to assemble iPhones for the company. Apple.

“This result exceeded the company’s original expectations of significant growth,” Foxconn said in a statement.

The revenues of Apple’s largest iPhone assembler jumped 20.2 percent year-on-year to 1.85 trillion Taiwan dollars (57.3 billion US dollars).

She said Foxconn “The result exceeded the company’s original expectations for significant growth,” in a statement on Saturday.

Last August, Taiwanese Foxconn announced a 6 percent jump in its net profits for the second quarter, thanks to strong demand for products used in… artificial intelligence.

The company, also known by its official name “Hon Hai Precision Industry”, is the largest electronics supplier in the world and assembles devices for a large number of major international companies, including iPhones.

Its net profits between April and June reached 35.05 billion Taiwan dollars (about 1.8 billion dollars), compared to 33 billion Taiwan dollars during the same period last year, according to a statement by Foxconn.



Source link

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles