Thursday, 14 August, 2025
Foxconn's Q2 Net Profit Jumps 27% on Surging AI Server Demand Amid Revenue Records
Taiwan’s Foxconn posted a stellar 27% year-on-year rise in second-quarter net profit to T$44.4 billion (≈ $1.48 billion), driven by booming demand for AI servers—surpassing consensus expectations of T$38.8 billion. The company also logged record quarterly revenue, anchored by its cloud and networking segment overtaking smartphone assembly volumes. While bullish on near-term growth, Foxconn cautioned about geopolitical tensions and currency volatility.
Read full story at Economic Times