Foxconn has achieved a 9.54% gross margin in third quarter of 2012 according to the consolidated financial report released by Foxconn in the Q3 2012. This margin quarter has been Foxconn fruitful and successful quarter in terms of sales and revenue since the last quarter of year 2009.
Foxconn's electronic goods have seen a significant growth and improvement in the production and also greater efficiency in the production lines. The sales of electronic goods are increasing QoQ. Gross margins have seen a rise from 6.64% in the first quarter of 2012 to 7.93% in the second, and further to 9.54% in the third, this is achieved mainly due to a better product mix which includes servers, storage equipment and devices with high ASPs. The innovative and the uniqueness of Foxconn's products in comparison with those of others made the major differences for Foxconn.
Foxconn's Representative said "As per the financial report for the year 2012, our journey of sales in the third quarter has been the highest compared to other quarters. We are happy to share the success of Foxconn's. We are extremely proud that Foxconn with its unique and feature rich products has made its third quarter to achieve a gross margin of 9.54%."
