Foxconn second-quarter revenue jumps, company cautions on geopolitics

TAIPEI: Taiwan’s Foxconn, the world’s largest contract electronics maker, ‌reported a ⁠39.8% year-on-year ⁠rise in second-quarter revenue that beat market forecasts on strong demand for AI products, though it cautioned about “volatile” global politics.

Revenue for Nvidia’s biggest server maker and Apple’s top iPhone assembler jumped to T$2.513 trillion ($78.71 billion) in the April-June quarter, Foxconn said in a statement on Sunday.