Foxconn Reports 0.5% Increase in Nov. Revenue (AAPL)
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Apple (Nasdaq: AAPL) 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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