{"id":1028453,"date":"2026-08-13T07:19:34","date_gmt":"2026-08-13T01:49:34","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1028453"},"modified":"2026-08-13T07:25:09","modified_gmt":"2026-08-13T01:55:09","slug":"taiwans-foxconn-reports-35-rise-in-q2-profit-on-ai-demand-beats-forecasts","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/13\/taiwans-foxconn-reports-35-rise-in-q2-profit-on-ai-demand-beats-forecasts\/","title":{"rendered":"Taiwan&#8217;s Foxconn reports 35% rise in Q2 profit on AI demand, beats forecasts"},"content":{"rendered":"<p>TAIPEI: Taiwan&#8217;s Foxconn, the world&#8217;s largest contract electronics maker, reported on Wednesday a 35% rise in \u200csecond-quarter profit, \u2060beating \u2060analyst forecasts, on continued strong demand for AI, which it predicted would drive growth this year. <\/p>\n<p>Net profit for the April to June period for Nvidia&#8217;s biggest server maker and Apple&#8217;s top iPhone assembler was T$59.97 billion ($1.86 billion), versus an LSEG consensus estimate of T$58.8 billion and compared with T$44.4 billion \u2060a year \u200cearlier.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TAIPEI: Taiwan&#8217;s Foxconn, the world&#8217;s largest contract electronics maker, reported on Wednesday a 35% rise in \u200csecond-quarter profit, \u2060beating \u2060analyst forecasts, on continued strong demand for AI, which it predicted would drive growth this year. Net profit for the April to June period for Nvidia&#8217;s biggest server maker and Apple&#8217;s top iPhone assembler was T$59.97 billion ($1.86 billion), versus an LSEG consensus estimate of T$58.8 billion and compared with T$44.4 billion \u2060a year \u200cearlier.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1028453","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1028453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1028453"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1028453\/revisions"}],"predecessor-version":[{"id":1028454,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1028453\/revisions\/1028454"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1028453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1028453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1028453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}