
2025-08-15 02:55:49
Foxconn's AI server business surged 60% YoY in Q2, surpassing revenue from Apple-related products for the first time, and is projected to grow 170% YoY in Q3 (Lauly Li/Nikkei Asia)
https://asia.nikkei.com/business/technology…
Foxconn's AI server business surged 60% YoY in Q2, surpassing revenue from Apple-related products for the first time, and is projected to grow 170% YoY in Q3 (Lauly Li/Nikkei Asia)
https://asia.nikkei.com/business/technology…
Foxconn reports Q2 net operating profit up 27% YoY to ~$1.9B, beating estimates, on $59.73B revenue, on the strength of its growing AI server business (Dylan Butts/CNBC)
https://www.cnbc.com/2025/08/14/ai-demand-
Sources: Tata Electronics bought the Indian unit of Justech Precision, a China-based Apple supplier that provides CNC machines to Foxconn, for ~$100M in August (Anniek Bao/CNBC)
https://www.cnbc.com/2025/10/14/tata-electronics-buys-chines…
Foxconn reports Q3 revenue of ~$67.71B, up 11% YoY, driven by strong demand for AI products; the company's consumer electronics division posted a slight decline (Ben Blanchard/Reuters)
https://www.reuters.com/world/asia-pacific/foxconn-t…
Sources: SoftBank purchased Foxconn's EV plant in Ohio for $375M, a move aimed at kickstarting its $500B Stargate data center project with OpenAI and Oracle (Bloomberg)
https://www.bloomberg.com/news/articles/2025-08-08/…
Foxconn partners with Taiwan-based Teco for AI servers and other AI data center hardware, taking a 10% stake, while Teco gets a less than 1% stake in Foxconn (Debby Wu/Bloomberg)
https://www.bloomberg.com/news/articles/2025-…
SoftBank buys Foxconn's Ohio EV plant; Foxconn will produce AI servers at the plant as part of Softbank's $500B Stargate project with OpenAI and Oracle (Debby Wu/Bloomberg)
https://www.bloomberg.com/news/articles/2025-0…
Sources: Foxconn recalled ~300 Chinese engineers from its Indian plant making iPhone parts, replacing them with Taiwanese staff, its second such move in months (Bloomberg)
https://www.bloomberg.com/news/articles/2025-08-23/fo…
A China Labor Watch six-month investigation at Foxconn's Zhengzhou iPhone factory finds tough working conditions for seasonal staff building the latest iPhones (Eleanor Olcott/Financial Times)
https://www.ft.com/content/41f72a09-a129-44a6-ada4-74f3f6db80f9