According to market watchers, Foxconn Electronics' Q3 gross margin is expected to be higher than the 7.3% recorded in Q2 with EPS to also likely to be above NT$1.30 (US$0.43), higher than the NT$1.21 in the second quarter.
Some market watchers were concerned that the lower-than-expected performance could impact Foxconn's revenues in the third quarter.Foxconn's profitability and gross margin are expected to continue achieving growth in the fourth quarter on strong demand for Apple products.
