Foxconn Rises in August

Foxconn’s consolidated revenues in August were down almost 6.2% MoM, but up just under 6.5% annually, at TWD292.2 billion ($8.9 billion). Results were even more encouraging for the January-August period, growing 12.8% YoY (to TWD2.6 trillion ($79.9 billion)).

Revenues are expected to start rising in September, thanks to Foxconn’s part in production of the iPhone 6S and 6S Plus, boosting performance in Q4.