{"id":4732,"date":"2025-07-03T11:18:11","date_gmt":"2025-07-03T10:18:11","guid":{"rendered":"https:\/\/sap-technology.pl\/news\/4727\/"},"modified":"2025-07-05T11:19:35","modified_gmt":"2025-07-05T10:19:35","slug":"4727","status":"publish","type":"news","link":"https:\/\/sap-technology.pl\/en\/news\/4727\/","title":{"rendered":"Foxconn posted record revenue thanks to demand for artificial intelligence"},"content":{"rendered":"\n<p>Taiwanese company Foxconn, the world\u2019s largest contract electronics manufacturer, announced record revenue in the second quarter amid growing demand for artificial intelligence (AI) products. However, the company warned of potential risks due to geopolitical instability and currency fluctuations.<\/p>\n\n\n\n<p>Foxconn\u2019s revenue for the reporting period increased by 15.82% year-on-year, reaching NT$1.797 trillion, exceeding analysts\u2019 forecast of NT$1.7896 trillion according to LSEG SmartEstimate.<\/p>\n\n\n\n<p>According to the company, its clients include AI chipmaker Nvidia (NVDA.O). High demand for AI-related products contributed to significant revenue growth in its cloud and networking products division.<\/p>\n\n\n\n<p>Meanwhile, the smart consumer electronics segment, including iPhone, showed \u201cunstable\u201d revenue growth due to currency exchange rate effects.<\/p>\n\n\n\n<p>Revenue for June rose 10.09% compared to last year, reaching a record level for that month \u2014 NT$540.237 billion.<\/p>\n\n\n\n<p>Foxconn expects further revenue growth in the current quarter compared to the previous and the same period last year but emphasizes the need to closely monitor the global political and economic situation, as well as currency fluctuations.<\/p>\n\n\n\n<p>The world\u2019s largest iPhone factory, managed by Foxconn, is located in Zhengzhou, China.<\/p>\n\n\n\n<p>The company, formerly known as Hon Hai Precision Industry, did not provide specific future forecasts. Full financial results for the second quarter will be released on August 14.<\/p>\n\n\n\n<p>Foxconn\u2019s shares rose 76% last year, significantly outperforming the Taiwanese market (.TWII), which rose 28.5%. However, shares have fallen 12.5% since the beginning of this year, reflecting overall pressure on the tech sector due to the unstable trade policies of the Trump administration.<\/p>\n\n\n\n<p>On the eve of the quarterly results publication on Friday, Foxconn shares closed down 1.83%, while the benchmark index fell 0.73%.<\/p>\n","protected":false},"featured_media":4729,"template":"","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Foxconn posted record revenue thanks to demand for artificial intelligence - Sap Technology<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sap-technology.pl\/en\/news\/4727\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foxconn posted record revenue thanks to demand for artificial intelligence - Sap Technology\" \/>\n<meta property=\"og:description\" content=\"Taiwanese company Foxconn, the world\u2019s largest contract electronics manufacturer, announced record revenue in the second quarter amid growing demand for artificial intelligence (AI) products. 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