Taiwan's Foxconn, the world's largest contract electronics maker and Apple's top iPhone assembler, reported a 22.1% increase in May revenue year-on-year, a record high for the month.

Taiwan's Foxconn, the world's largest contract electronics maker and Apple's top iPhone assembler, reported a 22.1% increase in May revenue year-on-year, a record high for the month. Foxconn raised its outlook for the second quarter due to higher-than-expected demand from AI servers, suggesting better-than-expected growth in the coming months.

June 05, 2024
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