Global Markets

Foxconn (2317 TT) May revenue TWD 859.4bln, +39.57% Y/Y

News detail

Q2 is a traditional off season for ICT industry but AI racks are expected to maintain continued growth trend. Q2 performance is tracking well above previously anticipated significant growth. Remains necessary to monitor the impact of volatile global political and economic situation. AI servers overtake smartphones as top revenue source.

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