Foxconn says Oct revenue +8.59% y/y, Q4 outlook good

investing.com 05/11/2024 - 07:54 AM

Foxconn Reports Record Revenue in October

TAIPEI (Reuters) – Taiwan's Foxconn, the world's largest contract electronics maker and Apple (NASDAQ:AAPL)'s biggest iPhone assembler, reported that its revenue for October rose 8.59% year-on-year, reaching a record high of T$804.8 billion ($25.20 billion).

Future Outlook

Looking ahead to the fourth quarter, Foxconn anticipates both quarterly and yearly growth, as stated in their announcement, although specific details were not provided.

(Note: $1 = 31.9310 Taiwan dollars)




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