Foxconn posted record second-quarter revenue, buoyed by demand for AI solutions, but signals geopolitical and currency risks.
Raluca Ioana Draghici
Economy
www.shutterstock.com
Always see our news on Google
Foxconn, the largest custom electronics maker, reported record revenue of 1.797 trillion Taiwan dollars in the second quarter, up 15.82% year-on-year, driven by demand for artificial intelligence products. Although the cloud division grew, the consumer electronics segment stagnated due to currency fluctuations. The company anticipates continued growth, but emphasizes geopolitical and currency risks that require monitoring. Foxconn shares surged 76% last year, but fell 12.5% in 2025, influenced by trade uncertainties.
Sources
Latest News
20:36
The EU allows member states to prohibit radar alerts and police in navigation applications.
20:20
The government announces that the e-Terra system will become operational starting next week.
20:04
Andrew and Tristan Tate's lawyers requested their release on bail from the Miami jail, arguing that their public visibility makes escape impossible.
19:55
Elizabeth Bromage, a 97-year-old British woman, has set a new world record in wing walking, becoming the oldest woman to perform this flight.
19:45
Tensions between the USA and China in Argentina: Beijing accuses Washington of pressuring the CALF company due to Huawei
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
