TAIPEI — Taiwan's Foxconn, the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the third quarter on strong demand for artificial intelligence (AI) servers.
TAIPEI — Taiwan's Foxconn , the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the third quarter on strong demand for artificial intelligence servers.Revenue for Apple's biggest iPhone assembler jumped 20.2 percent year-on-year to T$1.85 trillion .'The result exceeded the company's original expectations of significant growth,' Foxconn said in a statement on Saturday.It was also ahead of a T$1.
The third quarter is traditionally when Taiwan's tech companies start racing to supply smartphones, tablets and other electronics to major vendors such as Apple for Western markets' year-end holiday period.Total revenue in September alone reached T$733 billion, up 10.9 percent year-on-year and the second-highest ever level for the month.
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