Hon Hai reports its best July sales performance ever - News Summed Up

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Hon Hai reports its best July sales performance ever


Hon Hai reports its best July sales performance everStaff writer, with CNAHon Hai Precision Industry Co (鴻海精密) on Thursday reported a record NT$475.099 billion (US$15.86 billion) in consolidated revenue for last month driven by solid demand for cloud and networking devices. A woman walks past a logo of Hon Hai Precision Industry Co, which is also known as Foxconn, in New Taipei City on May 31. Strong global demand for smart consumer products in the first seven months benefited its electronics component division, Hon Hai said. Hon Hai is scheduled to hold an investors’ conference on Wednesday to detail its second-quarter results and give guidance for this quarter. In the second quarter, Hon Hai generated NT$1.51 trillion in consolidated sales, up 11.3 percent from a year earlier and 7.26 percent from a the first quarter.


Source: Taipei Times August 06, 2022 02:46 UTC



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