Foxconn Hon Hai Technology Group during the NVIDIA GPU Technology (GTC) conference in San Jose, California, United States, on Thursday, March 20, 2025.
David Paul Morris Bloomberg Gety pictures
Taiwan FoxconnThe largest electronics manufacturer in the world stated on Thursday that operating profits in the second quarter increased by 27 % on an annual basis, on the strength of the growth of the growing artificial intelligence servant.
Here is how Foxconn did in the second quarter of 2025 compared to Lseg Smartitimates, which is weighted towards predictions than analysts who are constantly more accurate:
- profit: 1.79 trillion new dollar Taiwan ($ 59.73 billion) for $ 1.79 trillion
- Operating profit: NT 56.596 billion dollars for 49.767 billion dollars
The company’s net profit for the second quarter was $ 44.36 billion, overcoming the LSEG Smartestimates of LSEG of 38.81 billion dollars.
Foxconn, officially called Hon Hai Precision Industry, is the world’s largest Apple’s iPhone manufacturing company, and is looking to repeat its success in consumer electronics in the world of artificial intelligence.
The company manufactures servers shelves designed for artificial intelligence burdens Nafidia.
In the profit report, the company expected the revenues to grow from the work of the artificial intelligence servant to it more than 170 % on an annual basis in the current quarter.
Foxconn reported on August 5 that it expected to increase the growth of revenues in the third quarter, but noted that the impact of “advanced global political and economic conditions” will be closely monitored.
On July 30, Foxconn announced that it was taking a stake in Teco Electric & Machinery Industrial Company in a strategic partnership to build artificial intelligence databases.
The company also showed its willingness to expand in new areas, including collecting electric cars and even manufacturing semiconductor.
However, US President Donald Trump’s global tariff may affect Foxconon’s expectations this year. In response to Trump’s identification threats, the company has already transferred most of its final production from the iPhone made to India to India.
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