Foxconn Hon Hai Technology Group signage during the Nvidia GPU Technology Conference (GTC) successful San Jose, California, US, connected Thursday, March 20, 2025.
David Paul Morris | Bloomberg | Getty Images
Taiwan's Foxconn, the world's largest declaration electronics maker, reported Thursday that its second-quarter operating nett roseate 27% twelvemonth implicit year, connected the spot of its increasing artificial quality server business.
Here's however Foxconn did successful the 2nd 4th of 2025 compared with LSEG SmartEstimates, which are weighted toward forecasts from analysts who are much consistently accurate:
- Revenue: 1.79 trillion New Taiwan dollars ($59.73 billion) vs. NT$1.79 trillion
- Operating profit: NT$56.596 cardinal vs. NT$49.767 billion
The company's nett net for the 2nd 4th came successful astatine NT$44.36 billion, beating LSEG's SmartEstimates of NT$38.81 billion.
Foxconn, formally called Hon Hai Precision Industry, is the world's largest shaper of Apple's iPhones, and has been looking to replicate its occurrence successful user electronics successful the satellite of AI.
The steadfast manufactures server racks designed for AI workloads and has go a cardinal spouse to American AI spot darling Nvidia.
In an net report, the institution forecasted that gross from its AI server concern would turn implicit 170% twelvemonth implicit twelvemonth successful the existent quarter.
Foxconn reported Aug. 5 that it expected further gross maturation successful the 3rd quarter, but noted that the interaction of "evolving planetary governmental and economical conditions" would beryllium intimately monitored.
On July 30, Foxconn announced that it was taking a involvement successful concern centrifugal shaper TECO Electric & Machinery successful a strategical concern to physique AI information centers.
The institution has besides shown its willingness to grow into caller areas, including the assembly of electrical vehicles and adjacent the manufacturing of semiconductors.
However, U.S. President Donald Trump's planetary tariffs could interaction Foxconn's outlook this year. In effect to Trump's tariff threats, the institution has already moved astir of its last accumulation of made-for-the-U.S. iPhones to India.
English (US) ·