Business

“Foxconn’s Q4 revenue jumps 22% to record high on AI demand”

“…Revenue for Nvidia‘s biggest server maker ‌and Apple‘s top iPhone assembler jumped 22.07% from the same quarter last year to ‌T$2.6028 trillion ($82.73 billion), Foxconn said in a statement…

The growth was driven by strong performance in Foxconn’s cloud and networking products division, led by booming demand for AI products, while its smart consumer electronics segment – which includes iPhones – posted a ⁠slight revenue decline due to unfavorable exchange ​rates…”

https://finance.yahoo.com/news/foxconns-q4-revenue-surges-22-083723880.html


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