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Foxconn Sets Revenue Record

Written by Administrator
Friday, 11 January 2008
TAIPEI – Hon Hai Precision Industry, the parent company of Foxconn Electronics, reported 2007 revenues rose 42.5% year-over-year, hitting a record $38 billion. Sales were boosted by demand for PCs and telecom products such as mobile phones. The company expects net profits of $2.6 billion, according to reports. The company reported December revenues rose 58.2% year-over-year to $4.6 billion. It was the sixth straight monthly high for Foxconn, the world's largest EMS/ODM company.

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