Apple's largestiPhonemanufacturer has reported almost a fifth higher revenue for April 2024 compared to the same month in 2023, in part because of diversification. In March 2024, Foxconn's parent company Hon Hai Precision Industry Co reported a 10%revenue dropin Q1, specifically becau...
Credit:TMTPost According to unaudited results released on Friday, Foxconn revenue in the fourth quarter of 2023 plunged 5.4% year-over-year (YoY) to NT$1.85 trillion (US$59.7 billion), compared with a record high revenue a year earlier, when its facilities resumed normal operations from ...
Foxconn said on Sunday it generated TW$741.2billion (US$23 billion) last month with a 7.2% decrease year-over-year (YoY), though it is the second highest revenue for October and rose 12.2% from the previous month. On the YoY basis, components and other products had a robust growth o...
TAIPEI (Reuters) - Apple's manufacturing partner Foxconn reported its biggest monthly drop in revenue in about seven years on Thursday as the coronavirus outbreak continued to play havoc with its business. The Taiwanese company, which assembles Apple's iPhones, saw revenue sink 18.1% in February...
TSMC and Foxconn, two of Apple's major iPhone production partners, have reported street-beating revenue for November, casting some doubt on supply chain reports suggesting component suppliers are struggling following iPhone production cuts.
Foxconn said on Sunday it generated TW$741.2billion (US$23 billion) last month with a 7.2% decrease year-over-year (YoY), though it is the second highest revenue for October and rose 12.2% from the previous month. On the YoY basis, components and other products had a robust growth of ...
Revenue from the telecom equipment business rose 1.65 percent, revenue from cloud service equipment sector grew 15.08 percent, and that from the precision tools and industrial robots gained 15.22 percent, it said. During the period, net profit rose 0.62 percent year on year to 5.48 billion yuan....
(Foxconn) announced unaudited consolidated revenue for November 2022. The company reported unaudited consolidated revenue of NT$551.1 billion for November 2022, down 29.04% month-on-month and 11.36% year-on-year. Due to production gradually entering off-peak seasonality and a portion of ...
TAIPEI (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the third quarter on strong demand for artificial intelligence (AI) servers. Revenue for Apple's biggest iPhone ass
The coronavirus outbreak has made an impact on Foxconn's finances with the iPhone assembly partner enduring its biggest year-on-year drop in revenue for a month in a seven-year period due to the virus affecting its production pipeline.