Foxconn revenues for the year decreased

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POSTER: computer news   ||   FOXCONN REVENUES FOR THE YEAR DECREASED	DATE:2013-05-16
Foxconn company  - contract electronics assembler and the main brand of  Hon Hai Precision Industry company - published a financial report on the work in the first calendar quarter of 2013.  According to the document, Foxconn revenues for the year decreased by 19.2% - up to $ 27 billion net profit, interestingly, in the same period increased by 8.4% to $ 545 million .   According to analysts, Foxconn has become too dependent on Apple company .  Foxconn staff in China has grown to 1.2 million.  According to various estimates, the business with Apple brings a contract employee from 40% to 70% of revenue.  The slightest failure in the supply leads to a significant loss of money.  And these failures occurred.  In the first quarter  2013 the growth rate of sales of smartphones Apple iPhone 5 was lower than expected .  In addition, relatively low-cost tablet iPad mini dominant in the supply , and they bring  the manufacturer significantly less money than the older iPad and iPhone 5.  In addition, it was reported that another Chinese  contract - Pegatron company  - beginning intercept  Apple orders. All of this makes analysts doubt about prosperous for the second quarter of Foxconn.  During this time, Apple will not release the new devices , and Pegatron risk to take orders for the budget version of the iPhone  .   Related Products :

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