News from Foxconn
Stay current with all the latest and breaking news about Foxconn, compare headlines and perspectives between news sources on stories happening today. In total, 74 stories have been published about Foxconn which Ground News has aggregated in the past 3 months.
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Foxconn · TaiwanTaiwanese tech giant Foxconn on Tuesday reported a 72 percent jump in net profit during the first three months of 2024 as demand for artificial intelligence technology grows. The firm -- also known by its official name Hon Hai Precision Industry -- is the world's largest contract electronics manufacturer and…See the Story
Foxconn reports sharp rise in first-quarter net profit
100% Left coverage: 1 sources
Foxconn · TaiwanCNBC:
Foxconn reports Q1 revenue down 9% YoY to ~$40.9B, net profit up 72% YoY to ~$679M, and consumer electronics was 48% of its revenue while cloud was 28% — Apple supplier Foxconn reported a 72% rise in first-quarter profit, boosted by strong demand for AI servers and coming off a low base …See the Story
Foxconn reports Q1 revenue down 9% YoY to ~$40.9B, net profit up 72% YoY to ~$679M, and consumer electronics was 48% of its revenue while cloud was 28%
Foxconn · BratislavaTaiwanese tech giant Foxconn, the largest contract electronics maker in the world, announced a 72% increase in profit for the first quarter of 2024. The sharp increase was driven by strong demand for computer servers and low comparative prices in the previous year. TASR reports on this based on Reuters' report. Foxconn's net profit for the three months to the end of March 2024 rose to 22.01 billion Taiwanese dollars (630.6 million euros) from 12…See the Story
Foxconn's technological giant soars sharply, driven by strong demand for computer servers.
Apple · SingaporeTAIPEI :Apple supplier Foxconn reported a 72 per cent rise in first-quarter profit, boosted by strong demand for AI servers and coming off a low base from the period a year earlier, but the growth was lower than expected.The Taiwanese company, the world's largest contract electronics maker, said net profit foSee the Story
Apple supplier Foxconn's first-quarter profit jumps 72% but misses forecasts
100% Center coverage: 2 sources