News Videos
International Edition


May 24, 2017

Breaking News, World News and Taiwan News.
About Us
Contact Us

Hon Hai unconsolidated sales up 8.46%

TAIPEI -- Hon Hai Precision Industry Co., the world's largest contract electronics maker, saw sales in September grow at a pace that analysts said was slightly slower than expected.

The company on Tuesday reported unconsolidated revenue of NT$240.53 billion in September, up 8.46 percent from the same period last year and up 8.19 percent from the previous month.

For the first nine months of 2012, Hon Hai's unconsolidated revenue totaled NT$2.23 trillion, a year-on-year increase of 20.37 percent, the company said in a statement.

Despite the positive growth, the sales increase in September was still "slightly worse-than-expected," according to analysts quoted in the local media.

They attributed the moderate growth mainly to the fact that Hon Hai's shipments of Apple Inc.'s iPhone 5 have not reached their full scale.

Demand for Hon Hai's contracting services remains strong, however, and the company is still expected to enjoy a growing market, the analysts believed.

At the same time, Hon Hai is also set to launch its own 60-inch LCD TVs at the end of October that could help boost growth.

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive our promos
 Respond to this email
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   Terms of Use  |   Sitemap
  chinapost search