Foxconn February Revenue Down 30% MoM

Foxconn Electronics’ sales slipped 29.3% month on month to NT$280 billion ($8.9 billion), though this was 7.4% higher than February of last year. Sales for January and February climbed 17.5% year on year to NT$676 billion ($21.4 billion). Of Foxconn’s three major business areas, information, communication and consumer electronics, the consumer electronics business recorded the least drop in February.