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Foxconn to venture into medical equipment market, expects revenues of NT$2 trillion in 2007

Jun 12, 2007

Foxconn Electronics (Hon Hai precision Industry) plans to venture into the production of medical equipment to sustain future growth by optimizing the company's core technologies, the Chinese-language Commercial Times reported on June 9, citing company chairman Terry Gou.

At this year's shareholders meeting held on June 8, Gou also said that combined revenues of the Foxconn Group are expected to grow 30% to over NT$2 trillion (US$60.6 billion) in 2007, as compared to NT$1.7 trillion in 2006, the paper noted.

source: DigiTimes

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