Foxconn reports record monthly, quarterly and annual revenue

Foxconn reports record monthly, quarterly and annual revenue
Foxconn, the China based manufacturer best known for assembling the Apple iPhone and Apple iPad as well as other smartphones and electronic products, reported record monthly revenues for the second consecutive month.The sequential monthly growth rate for the company was 2.62% and year-over-year the figure was 13.88%. Non-consolidated revenue for December was NT$360.944 billion (US$12.38 billion USD). Foxconn explained that strong shipments of consumer electronics and communications products were behind the gains in monthly revenue.

The strong shipments also led to record quarterly non-consolidated revenue in the fourth quarter of NT$988.379 billion ($33.9 billion USD). And for the entire year, Foxconn set yet another record with 2012 non-consolidated revenue tipping the scale at NT$3.22 trillion ($110 billion USD). That is a 16.09% increase over 2011.

source: Digitimes

FEATURED VIDEO

16 Comments

1. Topcat488

Posts: 1415; Member since: Sep 29, 2012

Well that was just the warm-ups... Get ready for 2 iphones a year & some cheaper ones too... Can you keep-up!!! 18-hours a day, 6 days a week... Fox-Gone.

2. XPERIA-KNIGHT unregistered

some how i think they.... WANT TO work now :)

3. Nathan_ingx

Posts: 4769; Member since: Mar 07, 2012

I'm wondering why people would want to work such long hour in there...and the wages not as attractive. Joblessness might have driven them there but i think Foxconn is somehow taking advantage of it...

4. Whateverman

Posts: 3295; Member since: May 17, 2009

BIG TIME!!! These people are forced to work those insane hours because there isn't much else.

6. XPERIA-KNIGHT unregistered

things have gotten better........where have you guys been as of late??

7. Nathan_ingx

Posts: 4769; Member since: Mar 07, 2012

Was here, read the article...but i really doubt it. When you really need money, a little bit of a raise will make you smile...and when you see that smile, you would think it's all fine. It's hard to break habits

8. XPERIA-KNIGHT unregistered

maybe a little leaven will leaven the whole lump! you gotta think that maybe they thought NOTHING would ever change.......in any way! So a little step forward to us may be a GIANT leap to them :) either way, it gives you hope you never thought you would have....

9. Nathan_ingx

Posts: 4769; Member since: Mar 07, 2012

Well, will have to see. A year from now and we'll see how the improvement went.

10. darkkjedii

Posts: 31101; Member since: Feb 05, 2011

Would u work there, if u were in a bad situation

11. Nathan_ingx

Posts: 4769; Member since: Mar 07, 2012

Already knowing the situation, no...

14. darkkjedii

Posts: 31101; Member since: Feb 05, 2011

I can respect that bro

15. Nathan_ingx

Posts: 4769; Member since: Mar 07, 2012

Thanks. Appreciated!

12. XPERIA-KNIGHT unregistered

YES, WE WILL SEE!

16. roscuthiii

Posts: 2383; Member since: Jul 18, 2010

Basically, when they got you in thumb screws, it feels so much better when they release the pressure just a lil' bit that you actually feel relieved... even though they still got you in the thumb screws.

5. Peter98

Posts: 119; Member since: Aug 01, 2012

There are really crazy with theses working conditions. Somehow like "abuse" workers lol.

13. jibraihimi

Posts: 808; Member since: Nov 29, 2011

They are minting so much money and then also paying their workers so less...........

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.