Foxconn Reports February Revenue Results
Foxconn reported unaudited consolidated revenue of NT$ 402.0 billion for February 2023, down 39.12% MoM and 11.65% YoY.
Revenue in February was the second highest for the same period. (February 2022 ranked the highest with NT$ 455.0 billion).
Cumulative revenue in the first two months of 2023 was NT$ 1,062.4 billion, up 17.94% YoY to a fresh record high for the same period (first two months of 2021 ranked 2nd with NT$ 902.1 billion).
Revenue by Product Segment
Revenue in Components and Other Products was flattish, while the rest of the three Products all declined MoM. Revenue performance detailed by each product
segment as below:
(1) Components and Other Products: Revenue in February was flattish MoM.
(2) Cloud and Networking Products: Due to conservative customers’ pull-in, revenue in February declined MoM.
(3) Computing Products: Due to strong customers’ pull-in in January, causing a high base, revenue in February declined MoM.
(4) Smart Consumer Electronics Products: With operations at the Zhengzhou campus returning to normal, shipments increased in January. Revenue in February declined MoM on a high base