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Foxconn December revenues hit record
Ninelu Tu, Taipei; Adam Hwang, DIGITIMES [Monday 13 January 2014]
Foxconn Electronics (Hon Hai Precision Industry) saw consolidated revenues of NT$490.932 billion (US$16.4 billion) for December hit a monthly record for the second time with growth of 7.62% on month and 18.87% on year, according to the company.

The growth in December consolidated revenues mainly came from shipments of consumer electronics, PCs and communication devices, Foxconn indicated.

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.

As Foxconn is globally the largest server OEM and one of the world's three-largest storage equipment makers, the company is expected to see revenue growth due to increasing demand for cloud computing data centers in 2014, market analysts said.

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%)
*Figures are consolidated
Source: TSE, compiled by Digitimes, January 2014