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Foxconn Now Making More From Servers than iPhones
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 an...
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. 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.
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