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Foxconn says Nov revenue +3.47% y/y, Q4 outlook strong

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December 5, 2024
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Foxconn says Nov revenue +3.47% y/y, Q4 outlook strong

TAIPEI (Reuters) – Taiwan’s Foxconn (SS:601138), the world’s largest contract electronics maker and Apple (NASDAQ:AAPL)’s biggest iPhone assembler, reported on Thursday revenue for November rose 3.47% year-on-year to reach the second highest on record for the month at T$672.6 billion ($20.75 billion).

“Fourth quarter operations are anticipated to show significant growth on both a quarterly and yearly basis,” the company said in a statement, without giving details.

($1 = 32.4220 Taiwan dollars)

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