Taiwan's Foxconn reports 35% rise in Q2 profit, beats forecasts
12/08/2026 07:16
Taiwan's Foxconn reports 35% rise in Q2 profit, beats forecasts TAIPEI, Aug 12 (Reuters) - Taiwan's Foxconn 2317.TW, the world's largest contract electronics maker, reported on Wednesday a 35% rise in second-quarter profit, beating analyst forecasts, on continued strong demand for AI.
Net profit for the April to June period for Nvidia's NVDA.O biggest server maker and Apple's AAPL.O top iPhone assembler was T$59.97 billion, versus an LSEG consensus estimate of T$58.8 billion and compared with T$44.4 billion a year earlier.
(Reporting by Ben Blanchard; Editing by Christian Schmollinger)
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