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AI boom lifts Foxconn August sales to USD 29.14 billion

🤖 AI Boom Lifts Foxconn August Sales to USD

Published by OOPSONLINE.IN · Source: ANI (Asian News International) · 1 min read · · Updated

What actually happened

Taiwan-based manufacturing giant Hon Hai Precision Industry Co, globally known as Foxconn, reported a 51.98 per cent year-on-year rise in consolidated sales to NT$921.77 billion (USD 29.14 billion) in August, amid strong global demand for artificial intelligence applications, according to a news report by Focus Taiwan.

Key points

  • Taiwan-based manufacturing giant Hon Hai Precision Industry Co, globally known as Foxconn, reported a 51.
  • 98 per cent year-on-year rise in consolidated sales to NT$921.
  • 77 billion (USD 29.
  • 14 billion) in August, amid strong global demand for artificial intelligence applications, according to a news report by Focus Taiwan.

Summary based on data provided by ANI (Asian News International). Full article available at the original publisher.

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  • #boom
  • #lifts
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