Taiwan's Foxconn expects robust growth in its artificial intelligence server business next year and will increase investment in several countries amid mounting trade tensions between the U.S. and China,

Taiwanese electronics giant Foxconn, the world's leading contract manufacturer and a key Apple supplier, reported a surge in third-quarter profits, exceeding market expectations.

Foxconn, the world’s largest contract electronics maker reported better-than-expected third-quarter financials on firm demand for AI servers.

Foxconn Technology's (FXCOF) third quarter revenue jumped 20% year-over-year, and the company sees 2025 as "AI Year" for the group.

Hon Hai Precision Industry (Foxconn) held its third quarter online earnings call on November 14, during which chairman Young Liu highlighted record-breaking cumulative revenue, gross margin, operating profit,

The contract electronics maker reported better-than-expected profit for the third quarter as the artificial-intelligence boom drove demand for AI servers.

Taiwan's Foxconn, the world's largest contract electronics maker, said on Thursday it expected robust growth in its artificial intelligence server business next year after reporting a better-than-expected 14% rise in quarterly profit.