Foxconn's October Revenue Inches Up

Foxconn's October Revenue Inches Up

Publish Date:2016-11-12 11:40:13 Clicks: 68

TAIPEI -- Foxconn Electronics reported consolidated October revenues ticked up sequentially but fell 6.2% year-over-year as the world's largest EMS/ODM continues to struggle to grow in 2016.

Revenues for the month were NT$471.9 billion ($14.98 billion), up 0.76% from September on higher demand from the computing and consumer electronics sectors, offset in part from lower communications devices sales.

For the year through October, Foxconn had sales of NT$3.43 trillion, down 3.63% year-over-year.

 1 TWD = $0.0314040 

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