Foxconn Reports Lower Revenues for May


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EMS firm Foxconn Electronics (Hon Hai Precision Industry) has reported consolidated revenues of NT$295.41 billion ($9.12 billion) for May, down by 8.37% from the previous month and lower by 2.05% compared to May of last year.

The decrease in consolidated revenues was mainly due to a significant drop in shipments of consumer electronics in May, while computing devices and telecom products roughly remained unchanged on month, according to Digitimes.

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