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Hon Hai, Asustek to post new high overseas profits in 2003.

Asia Africa Intelligence Wire

| June 24, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Taiwan Economic News)

Taipei, June 24, 2003 (CENS)--Following the expansion efforts, both Hon Hai Precision Industry Co. and Asustek Computer Inc. will post new high overseas profits in 2003, industry sources said yesterday

Hon Hai scored reinvestment gains of over NT$10 billion in 2002, compared with Asustek Computer's NT$2.5 billion. Asustek Computer's overseas revenue exceeded its revenue from the Taiwan plant for the first time in December last year. The firm gained profits of only NT$88.12 million in 2001

In the first five months, Asustek …

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