Foxconn expects to manufacture 90 million units of the sixth version of Apple’s iconic iPhone in 2014
Foxconn, the world’s largest contract manufacturer, has been a close Apple partner for years and knows better than sending out a press release with such claims but here we have it. Foxconn, world’s leading manufacturer of computer components and systems, is expecting to manufacture 90 million units of the iPhone 6 from Apple in 2014. These orders are expected to land across the year.
“Foxconn is expected to post an EPS of New Taiwan Dollar 9.29 ($ 0.31) in 2014 and New Taiwan Dollar 10.26 in 2015,” the mobile component maker added.The growth rate of global smartphone shipments are expected to land at 28% in 2014 as compared to 40% in 2013. Sales of smartphones in mature markets are likely to edge up only 4%, down from 5% a year ago.
The California-headquartered firm is yet to announce the launch of iPhone 6. However, analysts suggest the smartphone could be launched in fall (Autumn) this year, which is usually the time when Apple unveils its handset offerings.