Foxconn Sales Fell 14% in May

Foxconn Electronics saw sales fall 14.4% sequentially to NT$301.6 billion ($9.7 billion) in May, though this was 12.6% higher than a year earlier. May’s result brought sales so far this year to NT$1.7 trillion ($54.9 billion), 15.4% higher than the same period of last year. The company’s sales are expected to continue to fall during June and July, before improving in September when Foxconn begins shipping new iPhone products.