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Foxconn predicts 10% growth

By Reuters
Shanghai, 10 May 2012

Foxconn Technology Group, which makes Apple's products, is confident of achieving a 10% growth in its revenues this year, chief Terry Gou said on Thursday, as it plans its new China headquarters in Shanghai.

Foxconn's manufacturing in China will focus on domestic consumers in the country, as well as research and development in technology, sales and services, Gou added during the groundbreaking ceremony for its Shanghai headquarters.

Foxconn Technology Group has listed units including Hon Hai Precision Industry (a key Apple supplier), Foxconn International Holdings (the world's top contract mobile phone maker) and Foxconn Technology, which makes casings.

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