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Foxconn third-quarter revenue soars on AI demand, beats market forecast

Taiwan's Foxconn reported a 47% year-on-year jump in third-quarter revenue, exceeding market estimates due to robust AI-related demand. The world's largest contract electronics maker is based in Taiwan.

2317

Taiwan's Foxconn TWSE:2317, the world's largest contract electronics maker, reported on Monday a 47% jump in third-quarter revenue year-on-year that beat market estimates, driven by strong AI-related demand. 7640 Taiwan dollars