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"JP Morgan noted that Foxconn will make solid inroads into the network market this year, adding to strong contributions from its consumer electronics and PC orders from Apple (iPod and Mac), Sony (PSP) and Acer (desktops). The investment bank has raised its target price of Foxconn’s stock to NT$253 (US$7.91).
According to Taiwan's Market Intelligence Center (MIC), increasing orders from US-based brands, such as Apple, drove Foxconn’s regional sales in the US to more than 50% of its total sales worldwide in 2004."
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