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Foxconn Reports Strong September 2024 Revenue
October 7, 2024 | FoxconnEstimated reading time: Less than a minute
Hon Hai Precision Industry Co., Ltd. (Foxconn) announced its unaudited consolidated revenue for September 2024, reaching NT$528.3 billion. This marks a 12.87% month-on-month increase and a 14.44% year-on-year growth, driven by robust performance across all major product lines.
Foxconn attributes this rise to a steady recovery in consumer electronics and continued growth in cloud, networking products, and computing. The company remains optimistic about maintaining momentum through Q4 2024.
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Cicor Publishes Nine-month Results Report due to OEP Mandatory Offer
12/20/2024 | CicorCicor Group is publishing a nine-month report today. OEP has published a mandatory offer after it converted its Mandatory Convertible Bonds (MCNs) and thereby crossed the mandatory offer threshold.
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
12/20/2024 | Nolan Johnson, I-Connect007Hey, wait a minute, this is the lead-up to the penultimate holiday week, so why is the news cycle so busy? Normally, this period of time—what with all the holiday distraction—is when companies either go quiet or publish press releases covering those throwaway news items. Instead, this week brought in so much important news that I had to be quite discerning in my choices. Newsletter subscribers definitely got a lot of news this week.
Siemens Extends Veloce Hardware-assisted Verification Support of EPGM Ethernet to 1.6 Tbps
12/18/2024 | SiemensSiemens Digital Industries Software announced today an extension of its Veloce™ hardware-assisted verification platform to support 1.6 Tbps Ethernet. As a core component of the Siemens software/hardware and system validation platform, Veloce delivers complete virtual models to support Ethernet Packet Generator and Monitor (EPGM) Ethernet port speeds up to 1.6 Tbps.