Saturday, October 5, 2024

Foxconn Q3: revenue up 20.2% YoY to ~$57.3B on strong AI server demand; consumer electronics revenue, including iPhones, was flat YoY; stock is up ~86% in 2024 (Ben Blanchard/Reuters)

Ben Blanchard / Reuters:
Foxconn Q3: revenue up 20.2% YoY to ~$57.3B on strong AI server demand; consumer electronics revenue, including iPhones, was flat YoY; stock is up ~86% in 2024  —  Taiwan's Foxconn (2317.TW), the world's largest contract electronics maker, beat expectations to post its highest-ever revenue …



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