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
23:08
The strong storms in Bihor, Sibiu, and Brașov caused major damage, including torn roofs and fallen trees.
22:19
The Ministry of Energy has notified the European Commission about the severe drought affecting the Danube and the operation of the nuclear power plant in Cernavodă.
21:39
MAE, travel advisory for Japan: Typhoon Dolphin will bring strong gusts of wind and heavy precipitation in Okinawa
21:28
The Romanian team defeated Bulgaria 69-51 in the final quarter of the EuroBasket U18. Romania will play in the semifinals against the winner between Greece and Lithuania.
20:59
Volkswagen: Majority shareholders force a rapid restructuring after a sharp decline in Porsche SE's profit.
See more news