Foxconn says Nov revenue +3.47% y/y, Q4 outlook strong
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Foxconn, a major electronics manufacturer and Apple's largest iPhone assembler, reported a 3.47% year-on-year increase in November revenue, reaching T$672.6 billion ($20.75 billion). The company also expressed a strong outlook for Q4.
December 05, 2024 | 8:00 am
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Foxconn's November revenue increased by 3.47% year-on-year, reaching T$672.6 billion, with a strong Q4 outlook. This indicates robust performance and potential positive impact on stock prices.
The reported revenue growth and strong Q4 outlook suggest a positive performance trend for Foxconn, likely boosting investor confidence and potentially leading to a short-term increase in stock prices.
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