Hon Hai posts high­est-ever July sales of NT$312.19 bil.

The China Post - - LOCAL -

Hon Hai Pre­ci­sion In­dus­try Co. ( ), the world’s largest con­tract elec­tron­ics maker, has posted its high­est ever sales for the month of July, ac­cord­ing to a fil­ing to the Tai­wan Stock Ex­change.

An­a­lysts at­trib­uted the strong show­ing to a year-on-year in- crease in ship­ments in con­sumer elec­tron­ics gad­gets dur­ing the month, while com­mu­ni­ca­tions and com­puter de­vices stayed lit­tle changed from a year ear­lier.

Hon Hai posted con­sol­i­dated sales of NT$ 312.19 bil­lion (US$9.76 bil­lion) in July, up 19.97 per­cent from a year ear­lier but down 2 per­cent from a month ear­lier, the state­ment said.

In the first seven months of the year, Hon Hai’s con­sol­i­dated sales to­taled about NT$2.30 tril­lion, up 13.67 per­cent from a year ear­lier.

An­a­lysts said Hon Hai could see its sales growth pick up month by month in the sec­ond half of this year as the global high-tech in­dus­try en­ters its tra­di­tional peak sea­son.

They said Hon Hai’s growth mo­men­tum will be­come more ev­i­dent start­ing in Septem­ber be­cause of Ap­ple Inc.’s ex­pected launch of the next gen­er­a­tion iPhone that month.

Newspapers in English

Newspapers from Taiwan

© PressReader. All rights reserved.