Foxconn Posts Record Q2 Revenue Amid AI Demand, Flags Geopolitical and Currency Risks
Taiwan-based Foxconn, the world’s largest contract electronics manufacturer and Apple’s primary iPhone assembler, reported record-breaking second-quarter revenue, driven by surging demand for artificial intelligence (AI) products. However, the company also issued a cautionary note on potential headwinds stemming from geopolitical tensions and currency fluctuations. In a statement released Saturday, Foxconn—formally known as Hon Hai Precision…
