Foxconn's Q3 profit soars on AI server demand, sees 2025

Apple supplier Foxconn's Q3 profit rises 14%, beats forecasts
Apple supplier Foxconn reported on Thursday a 14% rise in third-quarter net profit, driven by strong AI server demand.
Foxconn Profit Beats on Robust AI Server Demand
Foxconn Technology Group reported better-than-expected profit for the third quarter, thanks to continued high demand for AI-related hardware, the latest sign that its recent focus is paying off. The Taiwanese company, formally known as Hon Hai Precision ...
Foxconn rides the AI wave: Q3 profits soar amidst server demand
Taiwanese electronics giant Foxconn, the world's leading contract manufacturer and a key Apple supplier, reported a surge in third-quarter profits, exceeding market expectations.
Foxconn reports 14% Q3 profit jump, expects AI servers to account for 50% of total server revenue in 2025
Foxconn’s third-quarter revenue jumped 20 per cent year-on-year (YoY), driven by demand for AI servers. This helped the company achieve its highest-ever revenue for the quarter. Foxconn’s shares have doubled in value so far this year, outpacing the broader market’s 28 per cent gain. / TISG
Foxconn sees robust AI server demand, delays EV target
Taiwan's Foxconn expects robust growth in its artificial intelligence server business next year and will increase investment in several countries amid mounting trade tensions between the U.S. and China,
Foxconn expects AI servers to account for over 50% of server revenue in 2025, but EV targets might be delayed
Hon Hai Precision Industry (Foxconn) held its third quarter online earnings call on November 14, during which chairman Young Liu highlighted record-breaking cumulative revenue, gross margin, operating profit,
Foxconn reiterates forecasts after record profits
Taiwanese contract manufacturer Foxconn on Thursday said it was reiterating its outlook but with better visibility after ...
Digi Times1d
Foxconn sees growth in 4Q24, optimistic about 2025
Hon Hai (Foxconn) achieved record-breaking revenue of NT$1.85 trillion (US$56.77 billion) in the third quarter of 2024, while ...
Land, power and skill: Inside the high-stakes battle to build the next Foxconn City
Foxconn has already invested $10 billion in India. Now, it wants to expand and establish large campuses. Apart from factories ...
Foxconn Posts Better-Than-Expected Profit on AI Server Sales
The contract electronics maker reported better-than-expected profit for the third quarter as the artificial-intelligence boom ...
Major Apple Supplier Foxconn Expected to Report Strong Q3 Results on AI Boom
TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, is expected to report on Thursday that ...
Fudzilla2d
Foxconn reports record profit
AI Growth Projections Taiwanese tech giant Foxconn has reported a forecast-topping net profit for the third quarter and ...