Foxconn Reported Record July Revenues Up 1%

Circuits Assembly
Date: 07 August 2020
By: Chelsey Drysdale

TAIPEI – Foxconn Electronics reported consolidated revenues of NT$403.4 billion (US$13.7 billion) for July, up 1.3% year-over-year and 11.9% sequentially.

Revenues were the highest monthly total this year and the highest ever for July, according to reports.

Smartphones and consumer electronics grew the most sequentially, followed by IT devices (notebooks, desktops and tablets), connectors, and networking/communication devices and servers.

Foxconn reported consolidated revenues of nearly NT$2.5 trillion for January-July, down 5.9% year-over-year.

Register now for PCB West Virtual 2020, the leading conference and exhibition for the printed circuit board industry, coming this September.    [SOURCE]

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