New iPhone 15 shipments drive Hon Hai’s September revenue to jump 60% to 660.7 billion

2023-10-08 04:11:29

Hon Hai announced its September revenue on the 5th, including the third quarter and the first three quarters, which were the second highest in the same period (picture/newspaper file photo)

[周刊王CTWANT] Benefiting from the launch of the new iPhone 15 series, Hon Hai (2317)’s September revenue has increased. Hon Hai announced September revenue on Thursday (5th), plus the third quarter and the first three quarters, all of which were written in the same period. High. Hon Hai expects that the fourth quarter will be the traditional peak season for the information and communications industry (ICT), and operations will heat up quarter by quarter.

Hon Hai’s revenue in September increased by 60% month-on-month and decreased 16.7% year-on-year to 660.74 billion yuan, the second highest in the same period in previous years. Mainly due to the release of new consumer smart products, which drove strong revenue growth.

In the third quarter, the quarterly increase was 18.4%, and the annual decrease was 11.6%, reaching revenue of 1.54 trillion yuan. The cumulative revenue in the first nine months was 4.3 trillion yuan, and the annual decrease was 7.6%. Looking at the four major product categories on a monthly basis, “Components and other product categories” and “Consumer smart product categories” benefited from the launch of new products in September and the increase in component shipments in the consumer smart product category, resulting in strong growth; as for the “Cloud The “Network Product Category” was roughly flat, while the “Computer Terminal Product Category” declined slightly.

Looking forward to the fourth quarter, Hon Hai emphasized that the second half of the year is the traditional peak season for the information and communication industry, so the group’s operations should heat up quarter by quarter, and the fourth quarter is expected to grow significantly compared with the third quarter. Hon Hai Technology Day will be held on October 18, and three major platforms will be used as the main focus of external display: smart EV, smart manufacturing and smart city; at the same time, “3+3” new businesses include AI, semiconductors, digital health, low-end Orbiting satellites, etc., there will also be a series of external application demonstrations.

Hon Hai’s stock price rose 2 yuan or 1.93% last Friday (6th) to close at 105.5 yuan.

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