Foxconn’s Q2 revenues up by over 19%

ISTANBUL

Taiwan-based semiconductor giant Foxconn’s second-quarter revenues increased by 19.12% year-on-year, according to the firm’s release on Friday.

The firm’s revenue totaled 1.5 trillion New Taiwanese dollars ($46.25 billion) in the April-June period.

During the first half, with the first quarter showing declines, the firm’s revenues rose by 3.92% to 2.87 New Taiwanese dollars ($88.48 billion).

In June alone, the company’s revenues grew by 16.07% to 490.7 billion New Taiwanese dollars ($15.12 billion).