Foxconn reports booming revenue – and a baby boom among staff
A whole new dimension of social responsibility as Taiwan’s population falls while demand for stuff it makes surges Share
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Hon Hai Precision Manufacturing – aka Foxconn – reported two sets of numbers this week: record revenue, and record birth-rate among staff.
Revenue for January, we re told, came in at just under US$18bn, an increase of 37 percent compared to January 2020.
The results are unaudited so Foxconn hasn’t detailed what kept it busy. We can take a guess, though: Apple just reported strong iThing and Mac sales, and Taiwan’s Ministry of Economic Affairs last week said the nation’s electronics industry – home to Foxconn as well as chip maker TSMC, which both make stuff for Apple – churned out products useful for working from home in late 2020.
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