Foxconn Now Making More From Servers than iPhones (theregister.com) 9
An anonymous reader shares a report: Manufacturer to the stars Foxconn is building so many AI servers that they're now bringing in more cash than consumer electronics -- even counting the colossal quantity of iPhones it creates for Apple.
The Taiwanese company revealed the shift in its Thursday announcement of Q2 results, which saw revenue grow 16% to NT$1.79 trillion ($59.73 billion) and operating profit rise 27% to NT$56.6 billion ($1.9 billion). CEO Kathy Yang told investors the company's Cloud and Networking Products division delivered 41% of total revenue, up nine percent compared to Q2 2024, and surpassing the company's Smart Consumer Electronics unit for the first time. The latter business includes Foxconn's work for Apple.
The Taiwanese company revealed the shift in its Thursday announcement of Q2 results, which saw revenue grow 16% to NT$1.79 trillion ($59.73 billion) and operating profit rise 27% to NT$56.6 billion ($1.9 billion). CEO Kathy Yang told investors the company's Cloud and Networking Products division delivered 41% of total revenue, up nine percent compared to Q2 2024, and surpassing the company's Smart Consumer Electronics unit for the first time. The latter business includes Foxconn's work for Apple.
NSS (Score:1)
Highly accomplished "putter together" of tech stuff makes more from higher value stuff. Who would have thunk it ?
It's what's for dinner. (Score:3)
Homelabbing with AI as a growth market with a side order of everything else.
When You Get Paid– (Score:2)
by the pound
Re: (Score:2)
Incorrect, Dollarydoos [youtube.com] are Australian
It's for AI (Score:3)
I've said it before and I will say it again we are not ready for what's coming.
And how much from ... (Score:2)
And how much from display panels made in that Foxconn plant [wikipedia.org] in Wisconsin that was started under Governor Scott Walker and Trump and suppose to be up and running by the end of 2020?
Where is the (Score:2)