Formally known as Hon Hai Precision Industry, the world’s largest contract electronics manufacturer reported that its April-to-June revenue hit T$2.513 trillion ($78.71 billion). This easily bypassed market forecasts, which had anticipated around T$2.372 trillion, News.Az reports, citing Reuters.
The tech giant—famed for being Apple’s primary iPhone assembler and Nvidia’s largest server manufacturer—enjoyed record-breaking momentum heading into the summer. June revenue alone skyrocketed 52.1% year-on-year to reach T$821.8 billion, marking the highest performance ever recorded for that specific month. Strong consumer electronics sales and high-volume shipments of cloud hardware, particularly AI racks, fueled the rapid acceleration.
***
Looking ahead, Foxconn predicts continued growth going into the third quarter. However, the company paired its stellar financial data with a note of caution, warning that the “volatile global political and economic situation” remains an unpredictable factor that requires close monitoring.
