Saturday, July 5, 2025

Tech Headline For The Week? Foxconn Reports A Second Quarter Record -- July 5, 2025

Locator: 48674AAPL.

Synopsis

Foxconn's revenue for the second quarter of 2025 increased by 15.82% compared to the same period in 2024, achieving a record for the quarter, and the company expects third-quarter business to also grow on both a quarterly and annual basis.

 Link here.

Taiwan's Foxconn, the world's largest contract electronics maker, reported record second-quarter revenue on strong demand for artificial intelligence products but cautioned about geopolitical and exchange rate headwinds.
Revenue for Apple's biggest iPhone assembler jumped 15.82% year-on-year to T$1.797 trillion beating the T$1.7896 trillion LSEG SmartEstimate.
Robust AI demand led to strong revenue growth for its cloud and networking products division whose customers include AI chip firm Nvidia.
Smart consumer electronics, which includes iPhones, posted “flattish” year-on-year revenue growth affected by exchange rates.
June revenue roses 10.09% on year to T$540.237 billion, a record high for that month.