Hon Hai Posts 22% Jump in Sales

Hon Hai Precision (which trades as Foxconn Electronics) grew sales in October by 22.6% year on year to NT$469 billion ($15.3 billion), bringing sales for January to October to NT$3.2 trillion ($104.6 billion), 5.8% higher than the same ten month period of last year. The company is expected to reach new highs in sales in November and December, thanks to orders from Apple for iPhone 6 devices, iPad Air 2 and iPad mini 3 tablets.