Taiwan's Foxconn, the world's largest contract electronics maker and primary iPhone assembler, reported a 19% increase in April sales to NT$510.9 billion ($15.8 billion).
Taiwan's Foxconn, the world's largest contract electronics maker and primary iPhone assembler, reported a 19% increase in April sales to NT$510.9 billion ($15.8 billion), surpassing expectations for iPhone sales and aligning with the company's growing AI-related business. Foxconn's shares have risen almost 50% this year, driven by AI server demand. The company anticipates a rise in second-quarter revenue.
May 05, 2024
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