TAIPEI—Taiwan’s Foxconn, the world’s largest contract electronics maker and major iPhone assembler for Apple Inc., said that revenue in the first quarter rose 3.9 percent year-on-year, but that sales for the current quarter would be down.
Revenue last month reached the third highest on record for March at T$400.3 billion ($13.14 billion), though that represented a 21.1 percent year-on-year fall, the company said in a statement on April 5.
The rise in sales for the first three months of the year, to T$1.46 trillion, was a fresh record high for the same period, and in line with previous guidance, Foxconn, formally called Hon Hai Precision Industry Co Ltd., said….