Major Apple assembler Foxconn beats profit forecasts

Aug 14, 2024

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The logo of electronics contract manufacturer Foxconn Technology Group, formally known as Hon Hai Precision Industry, is displayed at its headquarters in Taipei. Photo: Agence France-Presse

Apple supplier Foxconn beat expectations on Wednesday, reporting a 6% jump in quarterly profit. This surge was fueled by a booming demand for AI servers. In addition,…

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