Foxconn Technology Group announced today that its April revenue was NT$429.219 billion, a year-on-year decrease of 11.77%.
The company said it expected business to decline in the second quarter due to a high base last year and a “seasonally low season” during the transition between old and new products.
In addition, Foxconn said that due to the weakness of the smart consumer electronics business, revenue in April fell by 11.77% year-on-year, and it is expected that business will drop by a quarter this year.
Foxconn’s revenue in March was NT$400.3 billion, a year-on-year decrease of 21.11%.
Foxconn held a corporate presentation in March this year. Looking forward to the six main axes this year, Foxconn Chairman Liu Yangwei said that the information and communication field will strengthen innovation and connect new businesses, and maximize the net profit per share. The semiconductor field will promote global layout and Partnering to strengthen the third-generation semiconductor layout.
In the field of electric vehicles, Liu Yangwei pointed out that the layout of electric vehicles in North America will be expanded and the customer base will be deepened, and cooperation with traditional and new car manufacturers will be expanded. In addition, there will be new progress in the field of batteries, components and models will be assembled in the field of software, and the infrastructure of the Internet of Vehicles will be laid out. Layout AR and VR glasses content and applications.
Foxconn Electric Vehicle Strategy Chief Guan Run also said in an interview a few days ago that Foxconn Group plans to produce electric models with a price of less than 10,000 US dollars.
