Source:
https://scmp.com/tech/enterprises/article/2127944/foxconn-posts-50-cent-revenue-growth-december-iphone-x-shipments
Tech/ Enterprises

Foxconn posts 50 per cent revenue growth in December on iPhone X shipments

Foxconn Technology Group, the world’s largest contract manufacturer of consumer electronics, posted 50 per cent year-on-year growth in December revenue mainly from iPhone X sales, the company said in a filing to the Taiwan stock exchange on Thursday.

The growth in monthly revenue to NT$675 billion (US$30.47 billion) was attributed mainly to the fact that shipments of iPhone X were delayed to November 2017, and because the price of the new model was 20 per cent higher than iPhone 8 Plus.