{"id":844813,"date":"2024-08-16T09:42:07","date_gmt":"2024-08-16T04:12:07","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=844813"},"modified":"2024-08-16T09:50:13","modified_gmt":"2024-08-16T04:20:13","slug":"foxconns-quarterly-profit-surpasses-expectations-jumps-6-on-ai-boom","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/16\/foxconns-quarterly-profit-surpasses-expectations-jumps-6-on-ai-boom\/","title":{"rendered":"Foxconn&#8217;s quarterly profit surpasses expectations, jumps 6% on AI boom"},"content":{"rendered":"<p>Apple supplier Foxconn on Wednesday surpassed expectations with a 6 per cent rise in quarterly net profit driven by a boom in demand for AI servers, and stood by its forecast for full-year revenue to grow significantly. <\/p>\n<p>The world&#8217;s largest contract electronics maker said it expected robust demand for artificial intelligence servers to continue to boost growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple supplier Foxconn on Wednesday surpassed expectations with a 6 per cent rise in quarterly net profit driven by a boom in demand for AI servers, and stood by its forecast for full-year revenue to grow significantly. The world&#8217;s largest contract electronics maker said it expected robust demand for artificial intelligence servers to continue to boost growth.<\/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":[9,4,35],"tags":[],"class_list":["post-844813","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-telecom-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/844813","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=844813"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/844813\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=844813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=844813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=844813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}