Foxconn posts record February revenue at $17.44B - Breaking The News
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Foxconn posts record February revenue at $17.44B

EPA-EFE/RITCHIE B. TONGO

Foxconn announced on Wednesday that its revenue for February increased by 56.43% compared to the same month last year, reaching NT$551.4 billion ($17.44 billion). This figure marks the highest revenue recorded for this period in the company's history.

The substantial growth was primarily driven by strong performances in cloud and networking products, as well as various other components.

When comparing February's revenue to January, there was a 2.36% month-over-month increase. The Smart Consumer Electronics and Computing Products segments showed significant growth month over month.

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