Foxconn's monthly sales soar 52% on AI server demand
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Hon Hai Precision Industry Co. better known as Foxconn, has reported a whopping 52% increase in its monthly sales.
The surge is largely driven by the growing demand for servers amid a global push to build data centers and enhance AI computational capacity.
In August alone, the company's revenue stood at NT$921.8 billion ($29.1 billion), maintaining the impressive growth rate of 54% year-on-year seen in July.
The surge is largely driven by the growing demand for servers amid a global push to build data centers and enhance AI computational capacity.
In August alone, the company's revenue stood at NT$921.8 billion ($29.1 billion), maintaining the impressive growth rate of 54% year-on-year seen in July.
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