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Foxconn posts record profits namely due to Apple’s expanding and harder to manufacture product lines

Posted on March 25, 2013 by

Foxconn, also known as Hon Hai, has posted record profits for its fourth quarter which amounted to NT$37 billion ($1.2 billion), a 5.6% increase, which surpassed analyst estimates of NT$35.9 billion. A majority of that increase can be contributed to Apple’s expanding product lines and the cost involved in manufacturing, […]

Read the original post by Allyson Kazmucha

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