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
07:44
Donald Trump challenges the U.S. Supreme Court. Signs executive orders to limit American citizenship granted by birth.
07:32
Power outages in the Republic of Moldova, due to the weather. The Bălți-Dnestrovsk power line is severely damaged.
07:15
MAE, the first clarifications after the arrest of a Romanian woman in Germany, in a case of espionage in favor of Russia
22:54
Iulia Navalnaya urges Russians to vote for Yabloko: the September elections, a legal referendum against the war
22:39
The air forces of Bulgaria, Romania, and Spain have signed a trilateral agreement for air policing operations within NATO.
See more news