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FOXCONN REVENUE GROWTH
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...- 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.
- HCL-Foxconn selects CTCI as EPC partner for Uttar Pradesh semiconductor facilityThe HCL-Foxconn joint venture has appointed Taiwanese firm CTCI as the EPC partner for its upcoming semiconductor assembly and testing faci...
- 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...
- Foxconn second quarter revenue rises 15.82% on yearFoxconn, also a major supplier to artificial intelligence chip firm Nvidia, said it expected third-quarter business to grow on quarter and ...
- 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 beats estimates with record fourth-quarter revenue on AI demandFoxconn, the world's largest contract electronics maker, recorded its highest-ever fourth-quarter revenue of T$2.13 trillion, driven by rob...
- 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...
- 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 ...
- 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...
- 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 expects strong holiday sales in fourth quarter, September sales slumpThe fourth quarter is traditionally the hot season for Taiwan's tech companies as they race to supply smartphones, tablets and other electr...
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