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Foxconn’s April Revenues up Sequentially with Pegatron

FoxconnFoxconn, world’s leading manufacturer of computer components and systems, reported that Foxconn saw April consolidated revenues of NT$291.759 billion (US$9.82 billion) increasing on month by 12.05%, while Pegatron Technology reported revenues of NT$65.404 billion up 1.27%, according to the companies.

The sequential growth in April consolidated revenues was mainly due to significant growth in Foxconn’s consumer electronics device shipments and Foxconn International Holdings’, Foxconn’s subsidiary handset ODM, shipments of smartphones, local market analysts indicated.

However, Foxconn’s April consolidated revenues decreased on year by 5.08% and Pegatron’s by 2.77%.

Foxconn brought in consolidated revenues of NT$1.101 trillion for January-April, dropping on year by 15.89%, while Pegatron’s January-April consolidated revenues of NT$286.721 billion grew 20%.