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Reuters
Foxconn’s January sales surge as China COVID disruption shaken off
TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker and major iPhone assembler for Apple Inc, said on Sunday its revenue in January jumped 48.2% year-on-year, as it shook off COVID disruptions in China. Revenue in January reached a record high, at T$660.4 billion ($22 billion), with operations returning to normal and shipments increasing at its Zhengzhou campus in China, a centre for iPhone production, the company said in a statement. Compared to the previous month, revenue was up 4.93% with smart consumer electronics products, which includes smartphones, and computing products showing strong double-digit growth, it said.
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