Hon Hai posts highest-ever July sales of NT$312.19 bil.
Hon Hai Precision Industry Co. ( ), the world’s largest contract electronics maker, has posted its highest ever sales for the month of July, according to a filing to the Taiwan Stock Exchange.
Analysts attributed the strong showing to a year-on-year in- crease in shipments in consumer electronics gadgets during the month, while communications and computer devices stayed little changed from a year earlier.
Hon Hai posted consolidated sales of NT$ 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.