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FOXCONN PROFIT GROWTH
Foxconn has immense confidence in growth momentum due to AI, chairman saysTaiwan's Foxconn sees strong growth driven by AI demand. Chairman Young Liu is optimistic about the second half of the year. Cloud provider...- Foxconn has 'immense confidence' in growth momentum due to AI, chairman saysFoxconn, the world's largest contract electronics maker, expressed immense confidence in its growth due to soaring AI demand. The company r...
- 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...
- Mutual funds buy new-age dip; Infy CEO interviewHappy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today...
- 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...
- 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...
- 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 ...
- 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...
- 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...
- World's top electronics maker Foxconn Q4 profit drops 13%Net profit for October-December for Apple's top iPhone assembler and Nvidia's AI server maker came in at T$46.33 billion ($1.41 billion), m...
- Foxconn to post higher Q4 profit on AI server demandNet profit for October-December for Apple's top iPhone assembler and Nvidia's AI server maker likely came in at T$54.4 billion ($1.65 billi...
- Foxconn sees net profit rise 14% in Q3 on the back of strong demand for AI serversThe company said that the cumulative revenue of AI servers in the first three quarters of this year grew more than 200% compared to the sam...
- Major Apple supplier Foxconn expected to report strong Q3 results on AI boomFoxconn's shares have surged more than 100% so far in 2024, far outperforming the broader market's 28% gain. Foxconn said last month it was...
- Apple supplier Foxconn turns upbeat on 2024, cites huge demand for AI serversThe upbeat tone comes after a forecast-beating 33% jump in net profit for the fourth quarter. It also contrasts sharply with remarks by Fox...
- Apple supplier Foxconn cautious despite beating earnings forecastsThe world's largest contract electronics maker downgraded its outlook for full-year revenue to a slight decline from a previous guidance of...
- Foxconn unit looks to build facility in Tamil Nadu by next yearFoxconn's parent company Hon Hai Technology already has large existing facilities in Tamil Nadu and is looking to further ramp up these sit...
- 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 posts better-than-expected second-quarter profitFoxconn, whose clients include tech giants such as Apple, reported a net profit of T$22.9 billion ($778.54 million) for the second quarter ...
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