IPhone Maker Hon Hai Posts 20% Quarterly Revenue Jump

Bloomberg2021-07-05

IPhone assemblerHon Hai Precision Industry Co.reported a 20% jump in second-quarter revenue as the pandemic continues to drive demand for electronics fromApple Inc.and other clients.

Revenue in the three months through June rose to NT$1.36 trillion ($48.7 billion), the Taiwanese manufacturer reported, versus estimates for NT$1.34 trillion.

The strong showing from the world’s largest contract electronics maker suggests demand for iPhones, gaming consoles and servers remains robust as consumers snatch up devices for remote work, home-schooling and entertainment needs. Companies are also spending on technology, expanding data-center infrastructure to better serve customers’ online activities.

  • Hon Hai also reported June sales of NT$401.6 billion
  • Its year-to-date revenue came to NT$2.7 trillion
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精彩评论

  • ValuInvestor
    2021-07-06
    ValuInvestor
    Precursor to AAPL upside?
  • SPOT_ON
    2021-07-06
    SPOT_ON
    So Foxconn largest factory in shenzhen china... must be shipping out their massive orders through HUTCHISON PORT TRUST 's ports in yantian shenzhen... HPHT expected surge in revenue and dividend yield above 9%
  • bmng
    2021-07-06
    bmng
    Good performance 
  • DeclanTew
    2021-07-06
    DeclanTew
    Great
  • xnicx
    2021-07-06
    xnicx
    Pls like & comment. Tq
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