Foxconn Reports Surging Profits and Expands into AI Technology Market

  • 📰 brieflyza
  • ⏱ Reading Time:
  • 26 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 52%
  • Publisher: 68%

Business اخبار

Foxconn,Hon Hai Precision Industry,Profits

Foxconn, also known as Hon Hai Precision Industry, achieved strong profits in the last quarter of the year. The company's CEO credited the boost to the growing demand for generative AI and announced plans to enter the AI technology market by partnering with Nvidia to create 'AI factories'.

Foxconn, also known as Hon Hai Precision Industry, enjoyed a second successive quarter of surging profits in October-December. The firm is the world's biggest contract electronics manufacturer and assembles devices for several companies, most notably Apple's iPhones. CEO Young Liu said the company's overall performance was 'better than expected', pointing to full-year revenues reaching Tw$6.16 trillion dollars as 'the second-highest' after 2022.

He credited the boost to the growing demand for generative AI, a technology that has skyrocketed in popularity since ChatGPT was introduced to the public in late 2022. With ambitions to move beyond electronics assembly, Foxconn has invested significantly to be a part of the AI technology market. Most notably, it announced last October it would team up with US chip giant Nvidia to create 'AI factories' -- powerful data-processing centres that would drive the manufacturing of next-generation products

این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:

 /  🏆 10. in İR
 

از نظر شما متشکرم. نظر شما پس از بررسی منتشر خواهد شد.

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

Absa shares slide 5% as weaker SA market hits profitsCredit impairments increased 13% to R15.5 billion, with the bank reporting higher impairments in its SA business.
منبع: Moneyweb - 🏆 5. / 77 ادامه مطلب »