Wed, Oct 10, 2012 - Page 13 News List

Hon Hai reports increase in revenue

By Kevin Chen  /  Staff reporter

Hon Hai Precision Industry Co (鴻海), which assembles Apple Inc’s iPads and iPhones, yesterday said unconsolidated revenue last month increased 8.19 percent from a month ago as the company was gearing up to assemble a new version of the iPhone for its US customers.

Revenue was NT$240.54 billion (US$8.18 billion), compared with NT$222.31 billion in August, Hon Hai said in a statement.

Compared with NT$221.78 billion in September last year, sales were up 8.46 percent, according to Hon Hai, which also manufactures TVs for Sony Corp and printers for Hewlett-Packard Co.

In the third quarter, the company’s unconsolidated revenue was NT$711.54 billion, down 2.55 percent sequentially, but up 6.89 percent annually. For the first nine months, revenues totaled NT$2.23 trillion, up 20.37 percent year-on-year, the statement showed.

Pegatron Corp (和碩), another system assembler of iPads and iPhones, yesterday said in a separate statement that its consolidated revenue for last month rose from a month earlier, pushing its third-quarter sales to a record high.

With double-digit percentage rises in sales from both of its computing and communications segments, Pegatron said revenue last month increased 16.2 percent month-on-month and 26.94 percent year-on-year to NT$68.27 billion, boosting the quarterly number to NT$190.7 billion, up 2.4 percent from the second quarter.

Cumulative revenue in the first nine months were up 54.4 percent to NT$521.79 billion, Pegatron said.

This story has been viewed 2470 times.

Comments will be moderated. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned.

TOP top