InterDigital Inc (IDCC)

[thelurker]

Foxconn, Pegatron see large sequential growth in September revenues
Ninelu Tu, Taipei; Adam Hwang, DIGITIMES [Monday 13 October 2014]
Foxconn Electronics saw its September consolidated revenues of NT$415.412 billion (US$13.7 billion) increase 51% on month and 22.95% on year, while ODM Pegatron had those of NT$105.988 billion hiking 62.8% on month, according to the company.

The sequential revenue growth was mainly due to shipments of iPhone 6 and iPhone 6 Plus. Foxconn is responsible for OEM production of 60-70% of iPhone 6 and all iPhone 6 Plus units to be shipped in 2014 and Pegatron for 30-40% of iPhone 6, market analysts indicated. As sales of the iPhone 6 and iPhone 6 Plus are booming, Foxconn and Pegatron are expected to see continued growth in monthly consolidated revenue in the fourth quarter, the analysts said.

Foxconn had consolidated revenues of NT$950.715 billion for the third quarter growing 8.11% on quarter and 3.5% on year, and NT$2.713 trillion for January-September rising 3.38% on year.

For Pegatron, third-quarter consolidated revenues were NT$238.390 billion, up 13.26% on quarter, but down 6.14% on year, and January-September revenues were NT$666.767 billion down 2.49% on year.