Major iPhone assembler Hon Hai Precision Industry Co (????) yesterday posted better-than-expected revenue for last month, and said its business visibility for this quarter has improved since April. Revenue last month rose 2.33 percent month-on-month and 9.39 percent year-on-year to NT$497.78 billion (US$16.94 billion), the highest for May in the company’s history, Hon Hai said in a statement. Last month’s robust showing was aided by double-digit percentage increases in sales from its smart consumer electronics business, and its cloud-based and networking products business, as well as the effects of better supply chain management, said the company, which also known as...