Foxconn's Q2 net profit increased 6% YoY to T$35.05bn, driven by AI server demand and tech boom.

Apple supplier Foxconn's Q2 net profit rose 6% YoY, reaching T$35.05bn ($1.09bn), driven by increased demand for AI servers and the ongoing tech boom. Foxconn, the world's largest contract electronics maker, beat forecasts and experienced record revenue. The surge in demand for AI servers and strong tech market growth contributed to this profit increase.

August 14, 2024
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