Taiwan’s Foxconn reports 35 percent rise in profit on AI demand
- World’s largest contract electronics maker forecasts strong growth in 2026 amid AI boom.
- Taiwan’s tech titan Foxconn has reported a forecast-busting second-quarter net profit, as exploding demand for artificial intelligence servers needed in data centres powers the company’s growth.
- The world’s largest contract electronics maker said on Wednesday that net income rose 35 percent to $59.97 billion New Taiwan dollars ($1.86bn) in the April-June period.
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- World’s largest contract electronics maker forecasts strong growth in 2026 amid AI boom.
- Taiwan’s tech titan Foxconn has reported a forecast-busting second-quarter net profit, as exploding demand for artificial intelligence servers needed in data centres powers the company’s growth.
- The world’s largest contract electronics maker said on Wednesday that net income rose 35 percent to $59.97 billion New Taiwan dollars ($1.86bn) in the April-June period.
Sources: Al Jazeera