Foxconn Achieves US $12.09 billion Revenue in November 2012; Creates a New Record

Foxconn, world’s leading manufacturer of computer components and systems, has reported a non-consolidated revenues of NT$351.73 (US$12.09 billion) billion in the month of November, by establishing a new record that Foxconn has achieved in terms of revenue and growth of about 27.57% on a month.

Foxconn has seen this growth, mainly because of the strong consumer electronics shipments, Foxconn’s stable performance in communication about their entire line of products have helped them achieve this new record in their revenue. Market watchers believe Foxconn has a chance to achieve further growth in revenues as demand for Apple’s new iPhone and iPad will grow strong in China from the end of 2012 to February 2013.

With improvements in in-cell panel production yield rates and assembly process, supplies of the new iPhone and iPad are gradually turning smooth with 90% of the retail channel receiving products since mid-November.

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