subscribe

Foxconn is Flat

Foxconn Electronics reported a 16.9% MoM fall in February revenues, but a 0.2% climb YoY. Consolidated revenues were NT$280.6 billion ($8.5 billion). Year-to-date revenues were NT$618.3 billion ($18.8 billion), down 8.6% YoY. The firm said that seasonal factors constrained shipments of consumer electronics, computing and communications products in February.