Apple Inc.'s (NASDAQ: AAPL) Taiwan-based supplier Foxconn (OTC: HNHPF) reported its third-quarter results on Thursday. The company, also known as Hon Hai Precision Industry, said its profit margins improved across the board.

RTÉ

Ireland

Tech giant Foxconn posts $1.5 billion Q3 net profit

Taiwanese tech giant Foxconn has today reported a forecast-topping net profit for the third quarter and said it expected further strong growth in demand for artificial intelligence servers.

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Government of Ireland

Ad Fontes Media

Benzinga

New York

United States

Apple's Key Supplier Foxconn's Gross Profit Hit 7 Year High In Q3, Aims To Expand AI Capabilities By Next Year - Hon Hai Precision (OTC:HNHPF)

Taiwanese contract manufacturer Foxconn on Thursday said it was reiterating its outlook but with better visibility after record earnings and profit.

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MarketWatch

Murdoch family

Foxconn reiterates forecasts after record profits

Foxconn Technology's (FXCOF) third quarter revenue jumped 20% year-over-year, and the company sees 2025 as "AI Year" for the group.

Seeking Alpha

Foxconn's Q3 profit soars on AI server demand, sees 2025 as 'AI Year' for group

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Techmeme

California

Foxconn reports Q3 revenue up 20% YoY to a record ~$57.01B, a ~$1.5B net income, vs. ~$1.41B est., and expects half of its server orders in 2025 to be for AI

TAIWAN: Foxconn, the world’s largest contract electronics manufacturer, reported a 14 per cent rise in... The post Foxconn reports 14% Q3 profit jump, expects AI servers to account for 50% of total server revenue in 2025 appeared first on The Independent Singapore News - Latest Breaking News

The Independent

Singapore

Foxconn reports 14% Q3 profit jump, expects AI servers to account for 50% of total server revenue in 2025 Singapore News

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BizToc

Foxconn reports Q3 revenue up 20% YoY to a record ~$57.01B, net income of ~$1.5B vs. ~$1.408B est., and expects half of its server orders in 2025 to be for AI

Revenues for the July-September period rose 20 percent on-year to NT$1.9 trillion

Zawya

Taiwan tech giant Foxconn posts $1.5bln Q3 net profit

Taiwanese tech giant Foxconn on Thursday (Nov 14) reported a forecast-topping net profit for the third quarter on robust demand for artificial intelligence servers and said it expected 2025 to be the “year of AI”.

Business Times

Taiwan tech giant Foxconn posts US$1.5 billion Q3 net profit

Foxconn Sets Sights on AI Leadership with New Nvidia Superchip Facility in Mexico Taiwanese electronics giant Foxconn, the world’s largest contract electronics manufacturer, announced that it has significantly outperformed market expectations when it comes to strong growth in quarterly profit and a clear focus on an emerging AI server market. Due to the growing demand for artificial intelligence (AI) servers, Foxconn’s profit grew 14% during Q3,…

Apple's Key Supplier Foxconn's Gross Profit Hit 7 Year High In Q3, Aims To Expand AI Capabilities By Next Year - Hon Hai Precision (OTC:HNHPF)

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