Foxconn, the contract electronics maker, is set to report a 7 per cent year-on-year increase in third-quarter profit, driven by strong demand for artificial intelligence (AI) servers. The company, ...
Foxconn's AI-server sales exploded over 200% in 2024, turning its cloud and networking business into a cash cow contributing 32% of total revenue. While consumer electronicsa.k.a. iPhonesstagnated, AI ...
Taiwanese tech giant Foxconn on Thursday (Nov 14) reported a forecast-topping net profit for the third quarter on robust demand for artificial intelligence servers and said it expected 2025 to be the ...
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