TAIPEI (Reuters) - Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, said its January revenues were up 16 percent compared to the previous year in a statement on Friday.
It reported consolidated revenue of T$400.6 billion ($13.67 billion) in January, the company said in a filing to the Taiwan stock exchange.
Foxconn, formally known as Hon Hai Precision Industry Co Ltd and a major Apple supplier, had a solid start to the year after three consecutive months of year-on-year revenue growth in the fourth quarter.
In December, the company reported a 50.2 percent year-on-year rise in revenues for December, it said.
($1 = 29.3140 Taiwan dollars)
Reporting by Jess Macy Yu. Editing by Jane Merriman