NEWS
iPhone X Preorders Likely to Push October's Revenue to New High
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2017-10-16
Posted by 3utools

It's being reported today in a new supply chain report that Foxconn Electronics (Hon Hai Precision Industry) has reported consolidated revenues of NT$451.04 billion (US$14.83 billion) for September, up 42.4% on month.

 

Foxconn had consolidated revenues of NT$1.82 trillion for the third quarter, growing 17.39% sequentially and 0.82% on year, while combined consolidated revenues for the first nine months in 2017 were NT$2.97 trillion, up 0.76% on year.

 

iPhone X Preorders Likely to Push October's Revenue to New High


Foxconn pointed out that its three major product lines all enjoyed on-month shipment growths in September with the consumer electronics segment performing the best followed by the communication segment and then computing.

 

With the iPhone X's pre-ordering expected to soon begin and the smartphone's rising demand from telecom and retail channels worldwide, some market watchers estimate that Foxconn will see another surging growth in October revenues.


Source: patentlyapple

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