Foxconn posts $20.75 billion revenue in November

Foxconn, a Taiwan-based electronics manufacturer and major iPhone assembler, announced a 3.47% increase in revenue for November compared to last year.

The company reported earnings of NT$672.6 billion (US$20.75 billion).

Foxconn said it anticipates considerable growth in its fourth-quarter operations, both quarterly and yearly.

Recent Foxconn developments

Timeline
20-Nov-2024 💼 Foxconn secures $1.1b loan: sources Foxconn secures $1.1B loan for corporate growth Seventeen banks involved, AI server demand expected
18-Nov-2024 🚫 Foxconn removes marital status from job ads in India Foxconn removes age, gender, marital criteria Decision follows investigation into discriminatory hiring
05-Nov-2024 📉 Foxconn growth slows, sparks AI, iPhone demand concerns Foxconn reports slowest sales growth since Feb Concerns rise over demand for iPhones, AI infra
04-Nov-2024 💡 Foxconn’s Shunsin invests $80m in Vietnam Shunsin invests $80M in Vietnam for IC production 4.5M units annual output by December 2026
08-Oct-2024 💻 Foxconn to unveil giant Nvidia chip plant in Mexico Foxconn to build Nvidia superchip factory in Mexico. Over $500M invested in Chihuahua for production.
06-Oct-2024 📈 Foxconn reports $57.3b record Q3 revenue driven by AI boom

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Recent Foxconn developments

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