Hon Hai's Q2 Revenue Reaches a Record High of 1.55 Trillion - Optimistic About Double Growth in Q3

Reported about 1 year ago

On July 5, 2024, Hon Hai announced a second-quarter revenue of 1.55 trillion, marking a historic high, with the company expecting double growth in the third quarter. Despite achieving a record high in Q2, the company foresees strong performance in Q3. The revenue growth was driven by factors like AI cloud products, increased component shipments, and growth in the automotive business segment. Hon Hai remains confident in its growth opportunities and market expansion, particularly in the AI server market demand.

Source: YAHOO

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