Foxconn expects Q3 performance to beat market expectations on strong AI demand

Taipei [Taiwan], September 6 (ANI): Foxconn expects its third-quarter performance to outperform market expectations, driven by strong demand for AI-related products, as per a statement by the Taiwanese electronics manufacturer.

According to Foxconn, AI demand and the seasonal peak in ICT products are expected to drive stronger operations in the third quarter.

“In the third quarter, as AI demand continues to grow, and ICT products also enter the peak season of the second half of the year, operations are expected to gradually gain momentum,” the company said.