Hon Hai Precision Industry Co., the world's largest contract electronics maker, on Saturday reported record sales for the month of February, which showed a 13 percent jump from a year earlier.
Hon Hai, also known as Foxconn on the global market, said in a statement that its consolidated sales in February rose 13.22 percent year-on-year to NT$455.03 billion (US$16.25 billion), on strong global demand.
Shipments in its major four divisions -- cloud-based connectivity, electronics components, computers, and consumer smart devices - grew at a double digit rate, compared with a year earlier, the company said.
Month-on-month, Hon Hai said, its February consolidated sales rose 2.08 percent, with its consumer smart device division recording "significant growth."
The company said it benefited from an increase in shipments by U.S.-based cloud service providers and its efforts to develop a global production and sales network, which helped boost its February revenue.
An improvement of the global raw material shortage also contributed to the strong February sales, which were its highest ever for the month, Hon Hai said.
In the first two months of the year, Hon Hai recorded NT$900.78 billion in consolidated sales, down 0.15 percent from a year earlier.
The company maintained its forecast for its first-quarter revenue, saying it is likely to change little from a year earlier, as it continues to keep a close eye on the recent geopolitical tensions, the COVID-pandemic, worldwide inflationary pressure, and the global supply chain.
Hon Hai's results for the fourth quarter of last year are scheduled to be released at its investor conference on March 16.
Meanwhile, the company joined other enterprises Saturday to hold a massive job fair on school campuses, with the goal of hiring 1,500 software professionals for its "3 plus 3" initiative, as it seeks to transition from pure manufacturing.
Hon Hai said it is seeking talent in a wide range of areas such as data analysis, the Internet of Things, cloud computing, edge computing and automation.
The starting salary will be NT$45,000 for entry level workers with a bachelor's degree, NT$52,000 for those with a master's degree, and NT$60,000 for those who hold a PhD, the company said.
The "3 plus 3" initiative refers to three emerging industries - electric vehicles, robotics, and digital health care -- that are being developed through the application of artificial intelligence, semiconductor, and communication technologies.
Source: Focus Taiwan News Channel