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2317 — HON HAI PRECISION INDUSTRY News Story

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Foxconn shares rise after strong monthly revenue data

BUZZ-Foxconn shares rise after strong monthly revenue data

** Shares of Taiwan's Foxconn 2317.TW rise more than 2% as the company reports strong July revenue data

** Benchmark Taiwan SE weighted Index .TWII drops around 0.5%

** Foxconn's monthly revenue hit a record in July, surpassing T$900 billion ($27.96 billion) for the first time as strong demand for AI products boosted sales

** Foxconn is a major supplier to Nvidia NVDA.O and Apple AAPL.O

** Shares of Foxconn have gained 15% so far this year, underperforming the broader index's 54% jump


($1 = 32.1850 Taiwan dollars)


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