Foxconn reports highest July sales ever on AI boom: Focus Taiwan
Taipei [Taiwan], August 7 (ANI): Taiwan-based Hon Hai Precision Industry Co., better known as Foxconn, reported its highest-ever July sales, reaching NTD 613.87 billion (USD 20.5 billion).
The iPhone assembler and AI server supplier disclosed the figures on Tuesday, marking a 7.25 per cent increase year-on-year and a 13.63 per cent jump from June, reports Focus Taiwan.
The surge was fueled largely by the company’s cloud and networking division, which saw “strong” growth thanks to increased demand for AI and cloud services.
