Foxconn posts record revenues for Q4


Foxconn Electronics reported consolidated revenues for December of NT$515.569 billion, or US$16.24 billion, according to figures compiled by Digitimes.

The contract manufacturer, which produces electronics for customers including Apple, HP and Dell, released figures showing year-on-year growth of 5.02% and month-on-month growth of 0.15%.

The news marks the second month in a row that the Taiwanese contractor manufacturer has posted record revenues. November saw revenues of NT$514.793 billion, showing year-on-year growth of 12.9% and an increase of 9.8% from October’s figures.

Meanwhile, the company’s figures for the fourth quarter hit a quarterly record, with consolidated revenues of NT$1.499 trillion. Foxconn’s consolidated revenues of NT$4.212 trillion for 2014 also hit a record, registering an on-year increase of 6.53%.

Foxconn attributed the robust revenues growth to increased sales of consumer electronics and communication devices.

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