Foxconn says Nov revenue +3.47% y/y, Q4 outlook strong

Taiwan’s Foxconn, the world’s largest contract electronics maker and Apple’s biggest iPhone assembler, reported on Thursday revenue for November rose 3.47% year-on-year to reach the second highest on record for the month at T$672.6 billion ($20.75 billion).

“Fourth quarter operations are anticipated to show significant growth on both a quarterly and yearly basis,” the company said in a statement, without giving details. Reuters