Wednesday, January 22, 2014

Foxconn Records 19% Y-on-Y Increase in December 2013 Revenues






Foxconn Records 19% Y-on-Y Increase in December 2013 Revenues
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Mumbai / Bangalore - January 22, 2014

Foxconn, world's leading manufacturer of computer components and systems, has announced the increase in its revenues for December.  Its consolidated revenues which stood at $490.932 billion (US$16.4 billion) for December, hit a monthly record for the second time with growth of 7.62% month on month and 18.87% year on year.

Foxconn posted consolidated revenues of NT$1.33 trillion for the fourth quarter, historically its highest quarterly level, and increasing 44.77% on quarter, and NT$3.954 trillion for 2013, inching up 1.25% on year.

Foxconn is expected to see increased revenue growth due to increasing demand for cloud computing data centers in 2014 as it is globally the largest server OEM and one of the world's three-largest storage equipment makers.

Foxconn: Consolidated revenues, Jul 2013 - Dec 2013 (NT$m)
Month
Sales
M/M
Y/Y
YTD
Y/Y
Dec-13
490,932
7.6%
18.9%
3,954,119
1.3%
Nov-13
456,187
19.2%
18%
3,463,188
(0.8%)
Oct-13
382,621
13.3%
13.2%
3,007,001
(3.2%)
Sep-13
337,862
20.5%
14.3%
2,624,380
(5.2%)
Aug-13
280,428
(6.6%)
2.6%
2,286,518
(7.5%)
Jul-13
300,253
(1.4%)
(1.7%)
2,006,089
(8.8%)

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About Foxconn
Foxconn was established in 1974 and has grown to become the largest ODM in the world with nearly 1,000,000 employees and revenues in excess of USD 100 billion. Foxconn's customer base includes many famous brands in computing, communications and consumer electronics, for example; Apple, Cisco, Dell, HP, Nokia and Sony. With expertise in design and manufacturing, Foxconn's Channel Division is able to bring barebones and component products to channel customers around the globe, giving them the freedom to create their own solutions. To learn more, visit: www.foxconnchannel.com.
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