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Foxconn net profit rises in second quarter on AI demand
Foxconn net profit rises in second quarter on AI demand
Business and Economy
by  AFP

Taiwanese tech giant Foxconn on Wednesday reported a six percent jump in net profit for the second quarter of the year, driven by strong growth in demand for artificial intelligence servers. It said Wednesday that net profit for April-June rose to NT$35.05 billion (US$1.08 billion) from NT$33 billion in the same period last year.