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FOXCONN EARNINGS REPORT
Foxconn logs quarterly net profit jump on AI demandTaiwanese tech giant Foxconn saw a 19% profit increase. Artificial intelligence server demand is fueling this growth. The company expects s...- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- Tim Cook took Apple to $4 trillion, now it’s John Ternus’ turnJohn Ternus assumes leadership at Apple, inheriting a robust legacy built by Tim Cook. While Apple's current business is strong, the future...
- TSMC's Q1 revenue jumps 35% YoY, beats market forecastsTSMC will report full first-quarter earnings on April 16, including an updated outlook for the current quarter and the full year. The comp...
- Foxconn first-quarter revenue jumps 30% year-on-year fuelled by strong AI-related demandTaiwan's Foxconn, a major electronics maker and Nvidia's top server supplier, announced a significant revenue increase. First-quarter earni...
- Taiwan's Foxconn books 2% fall in fourth-quarter profit, lags forecastsNet profit for October-December for Nvidia's biggest server maker and Apple's top iPhone assembler was T$45.51 billion ($1.42 billion), ve...
- Foxconn's Q4 revenue surges 22% to record high on AI demandTaiwan's Foxconn, the world's largest contract electronics maker, reported record fourth-quarter revenue on Monday, driven by strong deman...
- Taiwanese electronics firm Foxconn's Q3 profit rises 17%, beats forecastsFoxconn reported a 17% rise in third-quarter profit to $1.89 billion, beating forecasts, driven by strong demand for AI servers. The Apple ...
- Foxconn third-quarter revenue jumps 11% year on yearStrong AI demand led to robust revenue growth for its cloud and networking products division. Smart consumer electronics, which includes iP...
- AI demand expected to boost electronics giant Foxconn's second-quarter profitNet profit for April-June for Apple's top iPhone assembler and Nvidia's server maker likely came in at T$38.8 billion ($1.30 billion), up f...
- Foxconn profit surges on AI demand, but more conservative on 2025 outlookFoxconn reported a 91% surge in Q1 profit, driven by strong AI server demand, beating forecasts. Despite robust AI growth, it issued a more...
- Apple supplier Foxconn cuts outlook due to tariff uncertaintyFoxconn, a major Apple and Nvidia supplier, anticipates challenges due to U.S. tariff uncertainties, leading to a more cautious full-year o...
- Foxconn expected to post strong Q1 profit growth on AI server demandFoxconn, formally called Hon Hai Precision Industry, said last month that its first-quarter revenue jumped 24.2% to a record for that quart...
- Foxconn reiterates Q2 revenue to grow, posts record April salesFoxconn anticipates higher second-quarter revenue with record April sales and strong growth in AI server demand, smart consumer electronics...
- Foxconn says it is the beginning of the Bharat eraFoxconn's India representative V Lee posted on LinkedIn photos of the recently concluded Hon Hai Technology Day 2023 that took place on Oct...
- Government fully committed to support and facilitate Foxconn's plans in India: IT minister Ashwini VaishnawET had reported that in its annual report published on May 31, Foxconn said India will assist with the establishment of a production line t...
- Foxconn planning to make EVs in India; Tamil Nadu on radarPeople in the know said Foxconn has been in talks with the Tamil Nadu government and those have particularly been focused on its EV plans.
- Vedanta's debt pile is heavier than it thought with Foxconn pulling the plugTaiwanese firm Foxconn has pulled out of a JV with Indian mining firm Vedanta over concerns surrounding the latter company’s finances, acco...
- Apple supplier Foxconn's Q1 profit slumps 56% yoy, lags forecastsFoxconn, the world's largest contract electronics maker and a supplier to Apple, reported a 56% drop in Q1 net profit owing to global econo...
- Foxconn expands its Tamil Nadu factory as Apple’s business gainsThis comes amid strong India sales for Apple and high localisation for its high-end smartphones range not only in the country but also in o...
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