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Foxconn says Oct revenue +8.59% y/y, Q4 outlook good

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By Reuters | Updated: November 5, 2024

TAIPEI, Nov 5 (Reuters) – Taiwan’s Foxconn (2317.TW) the world’s largest contract electronics maker and Apple’s (AAPL.O) biggest iPhone assembler, on Tuesday reported revenue for October rose 8.59% year-on-year to reach the highest on record for the month at T$804.8 billion ($25.20 billion).

“Looking ahead to the fourth quarter, operations are anticipated to show both quarterly and yearly growth,” the company said in a statement, without giving details.

($1 = 31.9310 Taiwan dollars)

@ Thomson Reuters 2024