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AI demand boosts Apple supplier Foxconn's profits

Foxconn, Apple's largest iPhone manufacturer, reports a fourth consecutive quarter of profit increases, which it credits to demand for AI servers.Workers in a Foxconn factoryFor the previous quarter, Foxconn's increased profits came from better than

By: AppleInsider

Aug 16 2024
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AI demand boosts Apple supplier Foxconn's profits

Workers in a Foxconn factory
Foxconn, Apple's largest iPhone manufacturer, reports a fourth consecutive quarter of profit increases, which it credits to demand for AI servers.
For the previous quar… [+799 chars]

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