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Foxconn sees on-month drop, but on-year increase in February 2010 revenues


Mar 12, 2010

Foxconn Electronics (Hon Hai Precision Industry) has announced revenues of NT$121.47 billion (US$3.83 billion) for February 2010, down 10.91% on month, but up 46.83% on year, better than market watchers expected.

The company pointed out that the on-month drop in February revenues was mainly due to fewer working days caused by the Lunar New Year.

Source: Digitimes






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