Taiwan's Foxconn reported a 35% rise in second-quarter profit, surpassing analyst expectations, driven by robust demand for AI technologies fueling growth projections for 2026.
Foxconn's Q2 profit jumped 35% YoY to $1.86B on AI demand; company forecasts strong growth. Expansion into AI server manufacturing (NVIDIA, Texas/Mexico) and EV signals major contract manufacturer shifting from consumer devices to infrastructure—reshuffling supply chains.
Foxconn, officially known as Hon Hai Precision Industry, also reported revenue growth
Aug 12, 2026
05:25 pm
What's the storyTaiwanese tech giant Foxconn, the world's largest contract electronics manufacturer, has reported a whopping 35% surge in its second-quarter profit.
The company's net profit for the April-June period stood at NT$59.97 billion (approximately $1.86 billion), beating analyst expectations, and significantly higher than last year's NT$44.4 billion during the same period.
Foxconn reported a 39.8% year-on-year revenue surge in Q2, driven by strong AI product demand, surpassing market expectations…
Net profit for Foxconn in the second quarter was NT$59.97 billion (S$2.38 billion). Read more at straitstimes.com. Read more at…
Foxconn reported its highest-ever net profit for the second quarter, rising 35 per cent year-on-year to NT$59.97 billion ($1.86…
Net profit for the April to June period for Nvidia's biggest server maker and Apple's top iPhone assembler was $1.86 billion
Foxconn reported a better-than-expected 39.8% year-on-year jump in second-quarter revenue, driven by strong demand for AI servers…
Taiwan’s Foxconn, the world’s largest contract electronics maker, reported a 39.8 percent year-on-year rise in second-quarter…
