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otherAug 12, 2026

Taiwan’s Foxconn reports 35 percent rise in profit on AI demand

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Taiwan’s Foxconn reports 35 percent rise in profit on AI demand

Source: currentsapi-gapfill — Read the full report

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  • currentsapi-gapfill(Mixed)By AFP; Reuters

    Taiwan’s Foxconn reports 35 percent rise in profit on AI demand World’s largest contract electronics maker forecasts strong growth in 2026 amid AI boom. Taiwan’s tech titan Foxconn has reported a forecast-busting second-quarter net profit, as exploding demand for artificial intel…

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