Foxconn posts quarterly profit surge on AI server demand
The company said net profit for April-June reached NT$59.97 billion ($1.86 billion), up 35% from the previous year. Foxconn, whose official name is Hon Hai Precision Industry, has gone beyond assembling low-margin iPhones to making AI servers for US tech giant Nvidia, along with electric vehicles and robots.
We haven't written up this one. Economic Times Tech has the full story — the link below goes straight to it.
This story
This is one outlet's version. Read the fullest account.
- Foxconn posts quarterly profit surge on AI server demand freemalaysiatoday.com
- Taiwan’s Foxconn reports 35 percent rise in profit on AI demand aljazeera.com
