17:13 - 6.01.2025
January 6, Fineko/abc.az. Taiwanese company Foxconn is better known as a contract manufacturer of Apple products, but the business of assembling server systems in the context of the artificial intelligence boom is beginning to gain more and more importance for it.
ABC.AZ informs that last month, Foxconn managed to increase revenue by 42% year-on-year precisely due to the direction of AI.
As a whole, Foxconn increased revenue by 15% up to $64.7 bn last quarter, exceeding analysts' expectations. In the current quarter, Foxconn management also expects a significant increase in revenue year-on-year.
