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Foxconn reports bumper profit on demand for AI servers

Hosted on MSN · 23h

Foxconn's Q3 profit soars on AI server demand, sees 2025 as 'AI Year' for group

Foxconn Technology's (OTCPK:FXCOF) third quarter revenue jumped 20% year-over-year, and the company sees 2025 as "AI Year" for the group. Q3 Metrics: The Apple (AAPL) supplier — which is formally known as Hon Hai Precision (OTCPK:HNHAF) (OTCPK:HNHPF) — said net profit (attributable to the owners of the parent company) soared 14% year-over-year to

Foxconn sees robust AI server demand, delays EV target

Taiwan's Foxconn expects robust growth in its artificial intelligence server business next year and will increase investment in several countries amid mounting trade tensions between the U.S. and China,

The Financial Times · 23h

Live news: Foxconn reports bumper profit on demand for AI servers

Apple supplier Foxconn reported bumper profits on Thursday on strong demand for artificial intelligence servers. The world’s largest contract manufacturer said net profit in the three months to September was NT$49.

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Land, power and skill: Inside the high-stakes battle to build the next Foxconn City

Foxconn has already invested $10 billion in India. Now, it wants to expand and establish large campuses. Apart from factories ...

Short News: Foxconn Race, Aviation Growth

In some Indian schools, students face fines for speaking local languages or their mother tongue instead of English, a ...

1d

Major Apple Supplier Foxconn Expected to Report Strong Q3 Results on AI Boom

TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, is expected to report on Thursday that ...

3d

BCD Group ventures into township project with BCD City, in Hoskote’s STRR Corridor

Priced under Rs 45 lakhs, the 900 residential units are fully pre-leased to iPhone manufacturer Foxconn, providing homebuyers ...

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