Foxconn fourth-quarter revenue up 15.2%
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Foxconn, a major electronics manufacturer and Apple's largest iPhone assembler, reported a 15.2% increase in fourth-quarter revenue, marking a record high for the quarter.
January 05, 2025 | 8:00 am
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Foxconn's fourth-quarter revenue increased by 15.2%, reaching a record high, indicating strong performance and demand, particularly in its role as Apple's largest iPhone assembler.
The significant increase in Foxconn's revenue suggests strong operational performance and demand, particularly in its key role as Apple's iPhone assembler. This positive financial result is likely to boost investor confidence and could lead to a short-term increase in Foxconn's stock price.
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