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Foxconn's January Sales Fall 8.2%

Published: 08 February 2013
 by Staff

TAIPEI -- Foxconn Electronics reported January consolidated revenues fell 8.2% year-over-year to NT$313.5 billion (US$10.7 billion) on typical seasonality.

The figures include sales from the company's EMS (Foxconn Electronics), cellphone design and manufacturing (Foxconn International Holdings), connector (Foxlink) and printed circuit board fabrication (Zhen Ding) subsidiaries.

January and February are traditionally Foxconn's slowest months of the year.

The company said it will push its large-size LCD TV segment on both as a private label to major Western OEMs and under its own brand in China. The move is seen by some as an attempt to establish new revenue streams and to lessen the ODM's dependence on a few major end-customers.

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