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Material Insight: Diversifying PCB Manufacturing Through NearshoringFoxconn Reports YoY Revenue Growth in June
July 5, 2024 | FoxconnEstimated reading time: Less than a minute
Foxconn reported unaudited consolidated revenue of NT$ 490.7 billion for June 2024, down 10.8% MoM but up 16.07% YoY. Revenue in June reached the second highest level for the same period. June 2022 ranked the highest with NT$ 526.2 billion.
Revenue in the second quarter of 2024 was NT$ 1,551.8 billion, up by 17.37% QoQ and 19.12 YoY. The revenue hit a record high for the same period, which was better than expected. The second quarter of 2022 ranked the second highest with NT$ 1,510.4 billion.
Cumulative revenue in the first six months of 2024 was NT$ 2,873.9 billion, up 3.92% YoY to the second-highest level for the same period. The first six months of 2022 ranked the highest with NT$ 2,918.6 billion.
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