Shulou(Shulou.com)11/24 Report--

CTOnews.com December 5 news, according to Reuters, Hon Hai said it is gradually entering the off-season of production, November revenue decreased 29.04% compared with the previous month, Hon Hai is expected to announce details of the financial results after the close today.

Hon Hai currently assembles about 70 per cent of its iPhone, including most high-end models, such as the iPhone 14 Pro, which are produced at its Zhengzhou plant. The source said that with the recruitment of new employees, "production capacity is gradually recovering" and "if recruitment goes well, it may take about three to four weeks to resume full production."

Another Foxconn source familiar with the matter said the company hoped to resume full production "as soon as possible", but could not give a specific time. "the situation has stabilized and the government is actively helping to resume production."

Hon Hai said last month that it expected revenue from its smart consumer electronics business, including smartphones, to fall slightly in the fourth quarter from a year earlier, while revenue from cloud and web products would rise sharply.

"Hon Hai's October camp received NT $776.58 billion, an increase of 41% over the same period last year."

"the production capacity of Apple iPhone 14 Pro series has improved and the delivery time has been shortened compared with the previous week."

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