Foxconn

Foxconn reports record August revenue, says Q3 to beat expectations

Foxconn Hon Hai Precision Industry Co., Ltd. said on Saturday that its third-quarter results are expected to outperform market expectations, buoyed by persistent demand for artificial intelligence hardware and the start of the peak season for consumer electronics.

Foxconn posts record July revenue as AI demand surges

Foxconn Hon Hai Precision Industry Co., Ltd. reported record single-month revenue in July, surpassing the T$900 billion threshold for the first time as demand for artificial intelligence infrastructure continued to accelerate. The Taiwanese contract manufacturer said Wednesday that July sales…

iPhone 18 Pro enters mass production ahead of fall launch

Apple's iPhone 18 Pro and iPhone 18 Pro Max have entered mass production, with manufacturing partner Foxconn Hon Hai Precision Industry Co., Ltd. launching a peak hiring period at its Zhengzhou facility to meet demand ahead of a September launch.

Foxconn lands first SpaceX AI server order worth $52B

SpaceX is negotiating with the U.S. Department of Defense to provide data center capacity worth billions of dollars for running artificial intelligence models, according to an exclusive report by The Wall Street Journal published on July 17. The discussions, which…

Apple ramps up cooling component orders for foldable iPhone

Apple has increased its orders for vapor chamber cooling components, according to a new supply chain leak, as the company prepares for the launch of its first foldable iPhone later this year.

Foxconn unit sees profit nearly double on AI server surge

Foxconn Industrial Internet, the Shanghai-listed subsidiary of Taiwan's Hon Hai Precision Industry, issued a positive profit alert on July 9 forecasting first-half 2026 net profit attributable to shareholders of 23.4 billion to 24.4 billion yuan, a surge of 93% to…

Foxconn Q2 revenue jumps 40% on record AI server demand

Taiwan's Foxconn Hon Hai Precision Industry Co., Ltd. reported second-quarter revenue of T$2.513 trillion ($78.71 billion) on Saturday, a roughly 40% year-on-year increase driven by demand for artificial intelligence servers and cloud infrastructure products. The figure beat market forecasts and…

Apple resolves key foldable iPhone hinge issues ahead of mass production

Apple's first foldable iPhone appears to have overcome its most pressing engineering challenge. Supply chain sources cited by The Elec report that hinge-related problems plaguing the device during testing have been largely resolved, clearing the path for mass production to…

Foxconn pegs Nvidia Vera Rubin data center at $47B per gigawatt

Foxconn Hon Hai Precision Industry Co., Ltd. Chairman Young Liu disclosed that a one-gigawatt AI datacenter built around Nvidia's upcoming Vera Rubin architecture would cost approximately $47 billion, with annual electricity bills of roughly $1.3 billion — figures that illustrate…