Business & Finance

Foxconn's January sales rise 16pc y/y

Published February 9, 2018 Updated February 9, 2018 01:52pm

It reported consolidated revenue of T$400.6 billion ($13.67 billion) in January, the company said in a filing to the Taiwan stock exchange.

Foxconn, formally known as Hon Hai Precision Industry Co Ltd and a major Apple supplier, had a solid start to the year after three consecutive months of year-on-year revenue growth in the fourth quarter.

In December, the company reported a 50.2 percent year-on-year rise in revenues for December, it said.

 

Copyright Reuters, 2018