Reported about 5 hours ago
Foxconn reported record revenue for Q2 driven by strong demand for AI products, reaching T$1.797 trillion, a 15.82% increase year-on-year. Despite this success, the company warned about potential risks from geopolitical tensions and currency fluctuations. The surge in revenue was particularly noticeable in its cloud and networking products, while sales of iPhones showed minimal growth due to exchange rate impacts. Foxconn plans to continue monitoring external threats to its growth prospects.
Source: YAHOO