Foxconn posts record $1.86bn profit in Apr-June quarter

AI Summary

Foxconn achieved a record net profit of $1.86 billion for the April-June quarter, marking a 35% year-on-year increase attributed partly to cloud computing growth. This financial milestone underscores Foxconn's robust business performance.

Taipei: Foxconn reported its highest-ever net profit for the second quarter, rising 35 per cent year-on-year to NT$59.97 billion ($1.86 billion), as cloud...