Revenues of OEM handset maker FIH expected to hit $10 billion in 2006

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Foxconn International Holdings (FIH), the Hong Kong-listed handset subsidiary of Foxconn Electronics, is expected to see revenues grow by over 50% on year to $10 billion in 2006, according to market sources. A previous report stated that FIH's revenues for 2006 was expected to expand more than 30% on year to $8 billion from the $6.36 billion it recorded in 2005.

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