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Apple Supplier Foxconn Announces a Smashing Revenue Record for November, their Highest in History

1 cover 2017 - FOXCONN LOGO

 

It's being reported this morning in a new supply chain report that Apple supplier Foxconn Electronics (Hon Hai Precision Industry) has announced consolidated revenues of US$18.85 billion for November, growing by 17.33% on month and 18.5% on year to reach the highest-ever monthly level. Communication products and consumer electronic products led the way while PC products declined.

 

With demand for new smartphones remaining strong and the company's production efficiency having seen major improvements, some market watchers are optimistic about Foxconn's upcoming performance and expect the maker's December revenues to stay high.

 

10.75 Supply Chain News & Rumors

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