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

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Mumbai / Bangalore: Foxconn, world’s primary manufacturer of computer components and systems, has pronounced 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 a 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 anticipated to see increased revenue growth due to increasing demand for cloud computing data centers in 2014 as it is internationally the major 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

7.60%

18.90%

3,954,119

1.30%

Nov-13

456,187

19.20%

18%

3,463,188

-0.80%

Oct-13

382,621

13.30%

13.20%

3,007,001

-3.20%

Sep-13

337,862

20.50%

14.30%

2,624,380

-5.20%

Aug-13

280,428

-6.60%

2.60%

2,286,518

-7.50%

Jul-13

300,253

-1.40%

-1.70%

2,006,089

-8.80%

 

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Jawed Akhtar

A Journalist by interest and a Music Enthusiast by passion. Wedded to Mother Nature, Jawed indulges his aesthetics in travelling and reading books of varied genres. Having covered News stories for top Dailies in his formative years, that is, he is game for tryst with Technology at Techmagnifier.

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