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Electronics Production | December 10, 2008

Foxconn with just 0.98% YoY growth in November sales

Taiwan based EMS-giant Foxconn reported a 0.98% YoY increase in November sales. However, Foxconn managed to increase the accumulated un-audited sales of its first eleven months in 2008 by YoY 24.22% to NT$ 1.35 trillion.
Despite the U.S. originated Financial Tsunami, which now has been transformed into a globalized economic crisis, Taiwan based Hon Hai reports non-consolidated un-audited sales single month amount still managed to increase YoY 0.98% to NT$ 134,898 billion. The accumulated un-audited sales of its first eleven months in 2008 still managed to increase YoY 24.22% to NT$ 1.35 trillion.

Foxconn is confident that - via our executives’ experience, wisdom and resolution, on top of a regional consolidation strategy that centered on optimizing cost structure globally coupled with the means of finding new source of revenue, resources redeployment and cost reduction - we should be able to overcome the so-called "once-a-century" challenge.

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