iPhone SE propels Foxconn to record April revenueThe 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...
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iPhone SE propels Foxconn to record April revenue