Foxconn Electronics (Hon Hai Precision Industry) on March 10 reported consolidated revenues of NT$260.63 billion (US$8.6 billion) for February, representing a 17.14% decrease on month but an increase of 10.88% on year, and NT$575.18 billion for January-February, growing 4.85% on year.

　　Commenting on its February performance, Foxconn pointed out that the company's shipments for PC, communication and consumer electronics products were affected by the fewer working days in the month due to the Lunar New Year.

　　However, compared to the company's other product lines, PCs had better performance because demand for server and storage products stayed strong, while shipments for notebooks and desktops also remained stable. Communication and consumer electronics products both suffered rather weak shipments.

　　In March, Foxconn expects each of its product lines to return back to standard levels.

　　Labor shortages in China caused by the Lunar New Year holidays also partly impacted its February performance, some market watchers pointed out.

　　With clients set to release new products in the second half, its orders from BlackBerry to start shipping in April in Indonesia, and its partner Xiaomi aiming to ship 40 million smartphones in 2014, Foxconn is expected to achieve on-year revenue growth in 2014.