Foxconn revenues up 44% on iPhone demand, working from home

Foxconn parent company Hon Hai earned $47 billion in the first quarter of 2021, up 44% from last year, reportedly on demand from home workers buying iPhone 12 models.

Hon Hai Precision Industries owns FoxconnHon Hai Precision Industries owns Foxconn

Following its January sales record based on demand for the iPhone 12 range, Foxconn’s parent company Hon Hai Precision Industry, has seen 44% growth since the same time last year.

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