Numerical

Foxconn

$182 billion

Sales reported for the year 2020 by China based Hon Hai Precision Industry aka Foxconn. The firm, which is Apple’s biggest iPhone assembler, reported the record sales, thanks to demand for the Apple gadgets it assembles. Its market value has doubled in a year, to $63bn. It is now eyeing smartphones on wheels. Analysts think it could be making 1m electric cars by 2025. If so, it may overtake Apple, whose iCar plans look less advanced.

Last Modified: 05-Apr-2021 1:45 PM

16

Posted by Yatin Dhareshwar in Business & Industry

Tags Apple Foxconn

Source The Economist

2.8%

Percentage fall in sales in 2016 reported by Hon Hai , also known as Foxconn. It was the company’s first decline in annual revenue since listing in 1991. (Revenue: $136.5 billion).

Last Modified: 12-Jan-2017 5:20 PM

26

Posted by Shoan Dhareshwar in Business & Industry

Tags Foxconn Apple iPhone

Source