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Hon Hai revenue rises 12.21% – Taipei Times

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Hon Hai Precision Industry Co (????) yesterday posted annual revenue growth of 12.21 percent for last month, indicating that the iPhone assembler’s production was not significantly affected by electricity restrictions in China’s Sichuan Province. Revenue expanded to NT$448.91 billion (US$14.62 billion) last month, compared with NT$400.05 billion in August last year, to record its best August for revenue. However, compared with July’s NT$475.1 billion, revenue contracted 5.51 percent. Photo: Lam Yik Fei, Bloomberg During the first eight months of the year, Hon Hai aggregated NT$3.84 trillion in revenue, rising 9.21 percent year-on-year from NT$3.51 trillion. “Despite power rationing in Sichuan…

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