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Foxconn revenue up by 0.5% to $15.8bn in Nov

TAIPEI: Apple device maker Foxconn reported that November revenue rose 0.5 percent to NT$517.5 billion (about $15.8 billion). The number was also a 2.9 percent sequential increase from October’s results.

Year-to-date 2015 revenue is up 10.2 percent to NT$4.073 trillion.

The increase in revenue could also signal strong demand for the company’s products as the holiday shopping season continues.

Apple is also said to be working on a new Apple Watch and/or iPhone for debut sometime in Spring 2016.

Apple is just one of many companies that Foxconn is a supplier for, but the company does represent a good chunk of Foxconn’s revenue.

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