Market Insight

Outsourced Manufacturing Intelligence Service Alert: Hon Hai (Foxconn) reports modest growth in full-year 2013 results

March 28, 2014  | Subscribers Only

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Hon Hai reported Q4 2013 and full-year 2013 results that were modest with a balanced level of positive and negative factors. Revenues for Q4 2013 were slightly ahead of expectations as seasonal strength in handsets, consumer electronics and personal computers were noted. For the full-year 2013, Hon Hai reported a local currency increase of 1.20% compared to 2012 on a fully consolidated basis. Aside from 2009 when revenues declined nearly 4%, this is the slowest growth reported by Hon Hai in the past decade on a full-year basis. 

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