Foxconn Reports 8.3% YoY Drop in Revenue for December

Foxconn reported an 8.3% year over year drop in revenue for December 2018, according to Reuters. In a stock exchange filing, the company revealed total revenue of T$619.3 billion ($20.12 billion) for the month. That's the first year over year revenue dip since February.

For December 2017, the company reported revenue of T$675.1 billion which was a 50% YoY increase.

“The main reason is that the fall for consumer category products was rather big,” a company representative told reporters.





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