Tuesday, December 5, 2023

Foxconn reports November revenue up 18% YoY to ~$20.6B, the first YoY improvement since January 2023, and forecasts Q4 revenue to be better than expected (Jane Lanhee Lee/Bloomberg)

Jane Lanhee Lee / Bloomberg:
Foxconn reports November revenue up 18% YoY to ~$20.6B, the first YoY improvement since January 2023, and forecasts Q4 revenue to be better than expected  —  It was the first year-on-year improvement in monthly results since January, helped by a comparison to last year's disruptions by Covid Zero lockdowns in China.



No comments:

Post a Comment

Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in international payments to counter Western sanctions (Gleb Bryanski/Reuters)

Gleb Bryanski / Reuters : Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in i...