Foxconn Predicts Third Quarter Will Beat Expectations
Foxconn expects its third-quarter performance to beat market forecasts driven by robust demand for artificial intelligence. The major Apple supplier noted improving business visibility alongside record August revenue.
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HON HAI PRECISION INDUSTRY expects third-quarter performance to beat market expectations, driven by robust demand for artificial intelligence hardware. The Taiwanese contract electronics maker reported the upbeat outlook on Saturday. It follows a 35% jump in second-quarter profit.
