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
19:00
The Ministry of the Environment denies the claims of AUR regarding the costs and the development of the National Strategy for Biodiversity Conservation 2026-2030, emphasizing that the funding comes from the Environmental Fund.
18:50
From cinema to vacation destination: How the film "Odyssey" stimulated interest in the Greek islands
18:37
President Zelensky announced an agreement with the USA for the monthly supply of Patriot missiles, but the quantity does not meet the needs of Ukrainian air defense.
18:25
The Russian Foreign Ministry accuses Ukraine and Brussels of trying to draw Georgia into a new armed conflict against Russia.
18:13
The feature film "The Diary of a Chambermaid," directed by Radu Jude, selected at the international festivals in Toronto and New York.
See more news