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Author Topic: iPhone SE propels Foxconn to record April revenue  (Read 312 times)
HCK
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« on: May 07, 2020, 04:05:18 pm »

iPhone SE propels Foxconn to record April revenue

The company made over $12.7 billion last month.

What you need to know


Foxconn has reported a new April record for revenue.
It earned $12.72 billion.
The new iPhone SE has helped smartphone demand grow rapidly.


Apple's new iPhone SE has helped propel Foxconn to a record April revenue figure, according to the latest report from DigiTimes.

The report states:


  Foxconn Technology Group (Hon Hai Precision Industry) has reported consolidated revenues of NT$380.93 billion (US$12.72 billion) for April 2020, up 9.6% sequentially and 0.3% on year to set a new April record.
 
  The company's combined consolidated revenues from January to April in 2020 arrived at NT$1.31 trillion, down 8.74% on year.
 
  Among Foxconn's four major business groups, the computing-related group (consisting PCs and tablets) had the best on-month revenue growth in April, followed by the enterprise product group (servers and networking equipment) components, and consumer smart devices.


The report notes tha...

Source: iPhone SE propels Foxconn to record April revenue
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