Hon Hai says revenue surged 25.5% last month

Hon Hai says revenue surged 25.5% last month

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IPhone Maker Hon Hai’s April Sales Surge 26% Ahead of US Tariffs

Hon Hai Precision Industry Co., the main contract manufacturer for Apple Inc. and Nvidia Corp., said its April revenue rose 26%, likely boosted by the hastening of orders ahead of US tariffs that could upend business for its customers.

Taiwanese iPhone maker Foxconn boosted sales last month, likely as a result of accelerated orders ahead of U.S. tariffs that could hit customers’ businesses hard.

IPhone maker Hon Hai’s April sales surge 26% ahead of US tariffs

Hon Hai Precision Industry, the main contract manufacturer for Apple and Nvidia, said its April revenue rose 26 per cent, likely boosted by the hastening of orders ahead of US tariffs that could upend business for its customers.

Hon Hai: Anticipating Strong Q1 And An Above-Expectations Q2 (Upgrade) (OTCMKTS:HNHAF)

This article was written by Follow The Value Pendulum is an Asian equity market specialist with over a decade of experience on both the buy and sell sides. He is the author of the investing group Asia Value & Moat Stocks, providing ideas for value investors seeking investment opportunities listed in Asia, with a particular focus on the Hong Kong market. He hunts for deep value balance sheet bargains and wide moat stocks and provides a range of…