Foxconn says Oct revenue +8.59% y/y, Q4 outlook good

TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker and Apple’s biggest iPhone assembler, on Tuesday reported revenue for October rose 8.59% year-on-year to reach the highest on record for the month at T$804.8 billion ($25.20 billion).

“Looking ahead to the fourth quarter, operations are anticipated to show both quarterly and yearly growth,” the company said in a statement, without giving details.

($1 = 31.9310 Taiwan dollars)

(Reporting by Ben Blanchard; Editing by Tom Hogue)

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