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FOXCONN REVENUE
Foxconn's monthly revenue hits record in July on AI demandNvidia and Apple supplier Foxconn's monthly revenue hit a record in July, surpassing T$900 billion ($27.93 billion) for the first time ...- Deepinder Goyal’s Temple eyes fresh funding; PE-VC exits shiftDeepinder Goyal’s Temple is raising funds and will soon begin shipping its wearable device. This and more in today’s ETtech Top 5.
- Global Market: Foxconn Q2 revenue jumps nearly 40% on AI demand, beats estimatesFoxconn reported a better-than-expected 39.8% year-on-year jump in second-quarter revenue, driven by strong demand for AI servers and cloud...
- Foxconn second-quarter revenue jumps, company cautions on geopoliticsRevenue for Nvidia's biggest server maker and Apple's top iPhone assembler jumped to T$2.513 trillion ($78.71 billion) in the April-June ...
- Schneider shares hit upper circuit on parent co's AI dealSchneider Electric Infrastructure shares saw a significant jump. This followed an announcement by its French parent, Schneider Electric. Th...
- Deeptech startup Ethereal Machines raises $28.5 million from Avataar Ventures, Peak XV, othersDeeptech startup Ethereal Machines secured $28.5 million in funding. This capital will fuel the construction of a large manufacturing facil...
- 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...
- Foxconn's Apple era fades as AI servers drive growth in Taiwan tech sectorFoxconn, once heavily reliant on iPhone assembly, has seen AI server manufacturing surpass consumer electronics as its main revenue source....
- 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...
- Foxconn beats estimates with record Q3 revenue on AI demandTaiwan's Foxconn reported its highest-ever revenue for the third quarter, driven by strong demand for AI servers. The revenue rose 20.2% ye...
- Foxconn Q2 revenue jumps 19% year-on-year, sees growth in Q3Foxconn reported its second-quarter revenue jumped 19% year-on-year, and predicted third-quarter revenue would rise year-on-year. Taiwan's ...
- Apple supplier Foxconn expects revenue growth in Q2 after dip in Q1The first quarter is traditionally quieter than the previous one, the season when Taiwan's tech companies race to supply smartphones, table...
- 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...
- 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's April sales fall 12% on slowing smartphone businessFoxconn said revenue last month reached T$429.2 billion ($14 billion), in line with the company's own expectations.
- Apple supplier Foxconn steps up investment outside China, as consumer electronics demand dipsFoxconn, which assembles around 70% of iPhones, has been diversifying production away from China, whose strict COVID restrictions disrupted...
- Apple supplier Foxconn says output recovering despite revenue fallProduction of Apple iPhones faced disruption ahead of Christmas and January's Lunar New Year holidays, after curbs to control Covid-19 prom...
- Apple supplier Foxconn's revenue hammered by coronavirus falloutFoxconn is among manufacturers worldwide grappling with virus-related curbs that have disrupted supply chains and dampened demand. Apple, i...
- Hit by Nokia shut down, FOXCONN mulling layoff: Trade unionUncertainty looms large over the future of FOXCONN employees, as there may be lay- offs or suspension of production following poor biz.
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