Foxconn January revenue up 3.16% y/y, sees strong growth in Q1

FILE PHOTO: A Foxconn electric two-wheeler powertrain system is displayed at Foxconn’s annual tech day in Taipei, Taiwan October 8, 2024. REUTERS/Ann Wang/File Photo

TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, reported on Monday that its January revenue rose 3.16% on year.

Foxconn said it sees strong growth in the first quarter, compared with the year-ago period, adding that it has better visibility for the first quarter than it did a month ago.

(Reporting by Faith Hung; Editing by Kim Coghill)