Foxconn forecasts strong rebound after profit miss
STORY: iPhone-assembler Foxconn missed profit forecasts for the fourth quarter, but it's feeling upbeat about the future.The electronics maker said Friday (March 14) solid demand from tech clients would drive strong revenue growth in the first quarter.
Servers to top iPhones as Foxconn's No. 1 revenue source: chairman
TAIPEI -- Taiwanese iPhone assembler Foxconn says revenue from its cloud and networking business, driven by demand for AI servers, will soon surpass that of its almighty consumer electronics segment for the first time, despite U.S. tariffs causing "headaches" for the tech industry as a whole.
The Taiwanese company reported a 13 per cent fall in net income, worse than analysts’ estimates for a 2 per cent gain.
Taiwan’s Foxconn said on Monday it has launched its first large language model and plans to use the technology to improve ...
TAIWAN: Taiwan’s Foxconn, formally known as Hon Hai Precision Industry, reported a 13% drop in net income to NT$46.3 billion ...
World’s biggest contract electronics manufacturer highlights disruption caused by trade policy to groups including Apple and Amazon ...
Foxconn Technology Group, the world's largest electronics contract manufacturer and major iPhone supplier for Apple, launched ...
Foxconn's February revenue soared 56.43% Y/Y, hitting record highs, while outlook for Q1 is expected to be in line with ...
Foxconn, one of the largest electronics manufacturers, has trained its own AI model called 'FoxBrain' to drive manufacturing ...
Apple reaps large profit margins selling the superbly designed iPhone (and its software content) to the world, while Foxconn gets tiny margins manufacturing iPhones in China and India. Even though the ...
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