TAIPEI, Aug 5 Reuters Taiwan39;s Foxconn, the world39;s largest contract electronics maker and a major supplier for Apple, said on Saturday revenue in July fell 1.23 yearonyear but forecast a business rebound for the third quarter.

Foxconn, formally called Hon Hai Precision Industry Co Ltd, said revenue last month reached T469.23 billion 14.82 billion, up nearly 11 from June.

The company said revenue was the secondhighest for the month of July, thanks to customers39; increasing pullin for its smart consumer electronics products, including smartphones. That segment recorded doubledigit growth from a year ago, it said, as major vendors such as Apple gear up for new product launches later this year.

Other businesses, including computing products such as PCs and cloud and networking products, declined from a year ago, the company said, without elaborating.

With the second half of the year peak season currently underway, operations will gradually ramp up, the company said in a statement.

The outlook for the third quarter, which will be better than the second quarter, is expected to increase at an onquarter pace higher than seen in the previous two years, it said.

The first half of the year is traditionally slower for Taiwan tech manufacturers as major electronics vendors including Apple launch new products near the yearend holiday season.

Secondquarter revenue dropped 13.8 yearonyear, in line with the company39;s expectations, Foxconn said in July. It reports…

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