Foxconn says Oct revenue +8.59% y/y, Q4 outlook good
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Foxconn, a major electronics manufacturer and Apple's largest iPhone assembler, reported an 8.59% year-on-year increase in October revenue, reaching a record T$804.8 billion ($25.20 billion). The company also has a positive outlook for Q4.
November 05, 2024 | 12:30 pm
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Foxconn's October revenue increased by 8.59% year-on-year, reaching a record high, and the company has a positive outlook for Q4.
The significant year-on-year revenue growth and record high for October indicate strong business performance, likely boosting investor confidence. The positive Q4 outlook further supports potential short-term stock price appreciation.
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