Taiwan’s Foxconn, the world’s largest contract electronics maker, reported a record income from the third quarter on a strong demand for artificial intelligence products, although it missed the market forecast and offered caution about exchange rates.
The turnover for the largest server maker of NVIDIA and the best iPhone assembler from Apple jumped with 11 percent of the same quarter last year to T $ 2,057 trillion ($ 67.71 billion), Foxconn said in a statement on Sunday.
Although that was lower than the T $ 2,134 trillion LSEG Smartestimate, which gives more weight to predictions of analysts who are more consistent, Foxconn said that the result was better than expected.
Based on US Dollar, Foxconn said that the turnover of the third quarter increased by 16.1 percent compared to the year. The Taiwan dollar has so far strengthened around 8 percent against the Greenback this year.
Strong AI question led to a robust revenue growth for his Cloud and Networking Products division. Smart Consumer Electronics, which includes iPhones, placed a slight fall in return, affected by exchange rates, the company said.
September the turnover increased by 14.2 percent compared to the year to T $ 837.1 billion, a record for that month.
The activities are expected to “maintain a sequential quarterly growth while AI Server shipments continue to rise in the fourth quarter” and because of the traditional peak season prior to vacations at the end of the year on large Western markets, the company said.
“The impact of the global political and economic situation and exchange rate fluctuations will, however, need a constant close monitoring,” it added, without working out.
Foxconn, formally Hon Hai Precision industry, offers no numerical predictions. It will report the profit of the third quarter on November 12.
The shares of FoxConn have risen by 23 percent this year, which performs better than the 16 percent increase for the Taiwan market. The share closed 0.44 percent on Friday for income data, compared to a profit of 1.45 percent for the benchmark index. ($ 1 = 30,3800 Taiwan -Dollars)
Published on October 5, 2025
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