🚨Foxconn just reported July sales equivalent to 17.5 Billion USD a increase of 21.9% YoY and raised Q3 Guidance https://t.co/2pG4gUBtdl
Foxconn, the iPhone and other electronics assembly giant, reported July sales rose 22.0% year-on-year to NT$572.4 billion (US$17.5 billion), a record high for the period due to strong demand for AI servers and the launch of new computing products, media report, adding the company…
Foxconn, the iPhone and other electronics assembly giant, reported July sales rose 22.0% year-on-year to NT$572.4 billion (US$), a record high for the period due to strong demand for AI servers and the launch of new computing products, media report, adding the company expects 3rd…


Foxconn, the iPhone and electronics assembly giant, reported a significant increase in its July sales. The company's revenue for July rose 22.0% year-on-year to NT$572.4 billion (US$17.5 billion), marking a record high for the period. This growth is attributed to strong demand for AI servers and the launch of new computing products. Additionally, Foxconn has raised its guidance for the third quarter, indicating optimism about future performance. The company, which is a major supplier for Apple, Microsoft, Google, and Amazon, has also partnered with NVIDIA for AI factories. The company reported a 21.9% YoY increase in July revenue.