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AI boom helps Apple supplier Foxconn earn more from servers than smartphones
The AI boom has helped Apple supplier Foxconn earn more from manufacturing servers than smartphones for the first time, marking a milestone in its efforts to reduce its dependency on the low-margin business of assembling iPhones.
Foxconn reported a second-quarter operating profit beat on strength of its growing artificial intelligence server business.
Foxconn on Thursday forecast a significant rise in third-quarter revenue as the world's biggest iPhone maker said it had for ...
Foxconn expects AI-server revenue to surge more than 170% year-over-year this quarter as demand for Nvidia (NASDAQ:NVDA ...
Phone assembly into second place Hon Hai, better known as Foxconn, did much better than expectations with its second quarter ...
Taiwan's Foxconn, the world's largest contract electronics maker, is expected to report on Thursday that second-quarter ...
The contribution from the server business to its revenue is set to grow further in the current quarter, as Foxconn expects a ...
On Tuesday, Apple's largest iPhone manufacturing partner, Foxconn, halted trading on the Taiwan Stock Exchange pending the ...
Apple exceeded expectations in its fiscal third quarter 2025, driven by strong iPhone 16 sales and early demand in China.
The company has spent more than three years claiming the factory would become an "important" EV hub. But it has barely ...
Taiwan iPhone maker Foxconn sets its sights on the ever more crowded EV market Foxconn's Foxtron Model C electric car is displayed during the Hon Hai Tech Day (HHTD 24) at the Nangang Exhibition ...
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