TAIPEI – Foxconn reported its highest-ever August sales of $12.76 billion, up 0.2% sequentially. This is the sixth consecutive month Foxconn has registered sequential increases.
Foxconn attributes strong August sales to communication devices, computing, and consumer electronic gadgets. It is likely this includes Apple’s iPhone 11, which both Foxconn and Pegatron are assembling.
Some 80 million iPhones are expected for the iPhone 11 launch.
Apple reportedly makes up more than 40% of Foxconn’s sales.