TAIPEI : Taiwan's Foxconn, the world's largest contract electronics maker and a major supplier for Apple, said on Saturday revenue in July fell 1.23 per cent year-on-year but forecast a business rebound for the third quarter.Foxconn, formally called Hon Hai Precision Industry Co Ltd, said revenue last mon
TAIPEI : Taiwan's Foxconn, the world's largest contract electronics maker and a major supplier for Apple, said on Saturday revenue in July fell 1.23 per cent year-on-year but forecast a business rebound for the third quarter.
The company said revenue was the second-highest for the month of July, thanks to"customers' increasing pull-in" for its smart consumer electronics products, including smartphones. That segment recorded double-digit growth from a year ago, it said, as major vendors such as Apple gear up for new product launches later this year.
"With the second half of the year peak season currently underway, operations will gradually ramp up," the company said in a statement.
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