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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.
Suggested Items
Scanfil Acquires SRX, Expanding its Presence in Asia Pacific
10/07/2024 | ScanfilScanfil has acquired SRXGlobal Pty Ltd. for EUR 23.3 million (USD 25.7 million), marking a key step in its Asia Pacific expansion. This acquisition includes SRX factories in Melbourne, Australia, and Johor Bahru, Malaysia, with 8 automated SMT lines and about 300 employees.
Electronic System Design Industry Posts $4.7 Billion in Revenue in Q2 2024
10/07/2024 | SEMIElectronic System Design (ESD) industry revenue increased 18.2% to $4,685.5 million in the second quarter of 2024 from the $3,962.7 million registered in the second quarter of 2023, the ESD Alliance, a SEMI Technology Community, announced in its latest Electronic Design Market Data (EDMD) report.
Global Semiconductor Sales Increase 20.6% Year-to-Year in August
10/07/2024 | SIAThe Semiconductor Industry Association (SIA) announced global semiconductor sales hit $53.1 billion during the month of August 2024, an increase of 20.6% compared to the August 2023 total of $44.0 billion and 3.5% more than the July 2024 total of $51.3 billion.
KYZEN to Spotlight Solvent Solutions for Medical Device Cleaning at MD&M Minneapolis
10/04/2024 | KYZEN'KYZEN, the global leader in innovative environmentally responsible cleaning chemistries, will exhibit at MD&M Minneapolis 2024, scheduled to take place Oct. 16-17, 2024 at the Minneapolis Convention Center.
Smart Home Market on Track for Rebound Thanks to Emerging Regions
10/03/2024 | IDCGlobal shipments of smart home devices are set to stall once again in 2024 as volume remains flat with 0.6% growth to 892.3 million devices, according to the International Data Corporation (IDC) Worldwide Quarterly Smart Home Device Tracker.