Foxconn Q2 Revenue Rises 15% on AI Demand
TAIPEI, TAIWAN – Foxconn reported record revenue for June and the second quarter, driven by strong demand for AI-related products.
June revenue increased 10.1% year-over-year to NT$540.24 billion ($18.68 billion), while second quarter revenue rose 15.8% to NT$1.80 trillion ($62.25 billion). Growth was led by the company’s cloud and networking segment, which benefited from continued expansion in AI infrastructure.
The company said its smart consumer electronics segment, including smartphones, remained flat year-over-year for the quarter but saw stronger performance in June.
Looking ahead, Foxconn expects both quarter-over-quarter and year-over-year growth in the third quarter, supported by seasonal demand and continued momentum in AI-related products. However, the company noted potential risks from geopolitical developments and currency fluctuations.
Foxconn’s results highlight the growing influence of AI infrastructure demand on electronics manufacturing, even as traditional consumer segments show more moderate growth.
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