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Apple supplier Foxconn reiterates second-quarter revenue growth, posts record April sales
- Foxconn expects its second-quarter financial results to show both quarter-on-quarter and year-on-year growth
- Its April revenue reached US$15.83 billion, the highest figure on record for the same period and represented a year-on-year rise of 19 per cent
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Taiwan’s Foxconn Technology Group, the world’s largest electronics contract manufacturer and the biggest assembler of Apple’s iPhone, reiterated on Sunday it expected a rise in second-quarter revenue, and reported record sales for the month of April.
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Foxconn, formally known as Hon Hai Precision Industry, said in a statement that this year’s second quarter “remains a traditional off-peak season, and major products are entering a period of transition between old and new products”.
The company, however, added, that its “operations outlook for the second quarter is expected to show both quarter-on-quarter and year-on-year growth”.
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The statement did not elaborate and the company does not give numerical guidance.
Foxconn said its April revenue reached T$510.9 billion (US$15.83 billion), which it said was the highest figure on record for the same period and represented a year-on-year rise of 19 per cent.
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