TAIPEI -- Major iPhone assembler Foxconn said on Sunday it expects an exceptionally strong first quarter with many of its key manufacturing complexes working overtime during the upcoming Chinese New Year holiday.
"The Lunar New Year is a time for family reunions. But as our performance in the first quarter is likely to outperform [typical years], we will only have two days of holidays at several important facilities," Foxconn Chairman Young Liu said in an online speech at the company's year-end event. "This is a very prosperous situation that we have never seen before."
