Foxconn on Tuesday released a notice that as of the third quarter of September, net profit of NT 21 billion (about 695.5 billion U.S. dollars), lower than the average expected NT $ 35.6 billion from analysts surveyed by S & P Global Market Intelligence Quarterly revenue was NT $ 1.1 trillion, almost the same as a year earlier.
Apple began selling the iPhone X from November 3 onwards, selling six weeks later than the iPhone 8 and 8 Plus.However, according to Foxconn Corp expected Q4 results are expected to rise month by month, benefiting from the full listing of Apple's iPhone X and other products, The increase in the fourth quarter will look 35%.
In addition, the market began to ruminate after last week's investor conference where Apple ordered Hon Hai to ramp up production, notably boosting iPhone X production weekly, which Hon Hai will play a key role in. Apple Chief Executive Cook earlier pointed out , iPhone X orders quite strong, both in Apple direct purchase or access are so, in cooperation with partners and suppliers, is increasing weekly production, the target as soon as possible so that consumers get the phone.
Outlook iPhoneX production and sales trend, KGI Guoguo analyst Guo Mingkui recently predicted that in the fourth quarter of this year, Foxconn's iPhone X shipments will reach 25 million to 27 million units, the first quarter of next year iPhone X production is expected to Quarter by 35% to 45% .Guo Mingrui said that with the improvement of production yield, by the first quarter of next year, iPhone X shipments will increase by 50%.