Contract manufacturer Foxconn reported on Monday, that its revenues declined during April from March. The 4.35% sequential decline took revenue down to $294.442 billion NT ($9.73 billion USD) for last month. The numbers looked better when compared year-over-year. Revenue in April 2014 grew .92% from the same month in 2013. The sequential drop is being blamed on a seasonal decline in shipments of consumer electronics, PCs and communication devices.
Foxconn is known for being the company that assembles the majority of Apple iPhone units, while competitor Pegatron produces the remaining phones. Earlier this month, we told you that the latter had already received orders from Apple to manufacture 15% of the total number of initial Apple iPhone 6 units to be made.
For the first four months of 2014, Foxconn had revenue of $1.777 trillion NT ($39 billion USD), up 6.97% year-over-year. Analysts expect the company to continue feeling the effects of seasonality from May through June. After that time period, production should begin on the Apple iPhone 6. Already, leaks of the iPhone 6 dummy models have been floating around.
Foxconn consolidated revenue from last October through March
Alan, an ardent smartphone enthusiast and a veteran writer at PhoneArena since 2009, has witnessed and chronicled the transformative years of mobile technology. Owning iconic phones from the original iPhone to the iPhone 15 Pro Max, he has seen smartphones evolve into a global phenomenon. Beyond smartphones, Alan has covered the emergence of tablets, smartwatches, and smart speakers.
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