By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Reading: Foxconn’s June sales hit record high, driven by AI and cloud boom – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Foxconn’s June sales hit record high, driven by AI and cloud boom – World News Network
Business

Foxconn’s June sales hit record high, driven by AI and cloud boom – World News Network

worldnewsnetwork
Last updated: July 7, 2025 12:00 am
worldnewsnetwork 3 weeks ago
Share
SHARE

Taipei [Taiwan], July 7 (ANI): Taiwan-based manufacturing giant Hon Hai Precision Industry Co., known globally as Foxconn, sales for the month of June rose 10 per cent from a year earlier, boosted by cloud and networking gadgets showed strong growth amid an artificial intelligence boom.

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

The company posted a consolidated sale of NTD 540.24 billion (USD 18.67 billion) in June, its highest ever for the month and up 10.09 per cent on a year-on-year basis but down 12.26 per cent from a month earlier, reports Focus Taiwan.

In the second quarter, Hon Hai’s consolidated sales hit a new high of about NTD 1.80 trillion for the April-June period, up 15.82 per cent from a year earlier and up 9.45 per cent from the first quarter.

According to the iPhone assembler, its cloud and networking division benefited from solid global demand for AI applications and cloud services to generate higher sales year-over-year in June.

Additionally, the company said, its smart consumer electronics operations received a boost from international brands’ efforts to launch new entertainment devices also resulted in a significant year-on-year sales increase in June.

However, the company’s electronic component operations’ June sales were little impacted from June 2024 levels, and the computing division suffered a sales decline in the month, according to the company.

In the first six months of 2025, Hon Hai posted consolidated sales of NTD 3.44 trillion, up 19.68 per cent from a year earlier, according to Hon Hai figures.

Looking ahead, Hon Hai said sales growth momentum is expected to accelerate in the third quarter, a traditional peak season in the information and communication technology industry.

It is expected that its revenue would not only grow from a quarter earlier but also from a year earlier.

Furthermore, Hon Hai will hold an investor conference on Aug. 14 to detail its second quarter results and provide guidance for the third quarter and 2025 as a whole. (ANI)

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

CEO pay in India averaged Rs 7.2 crore in FY24, MNCs offer higher salaries than Indian firms: Report – World News Network

Ashapuri Gold Ornament Limited Achieves Strong 34 Percent EBITDA Growth and 22 Percent PAT Growth in Q1 FY26 – World News Network

Star Health Insurance Reports Strong Performance Q1FY26 PAT Grows 44% to INR 438 Cr (IFRS), Premium Grows 13% – World News Network

Today’s Top Drop: BGMI Redeem Codes – July 30, 2025 – World News Network

GCCs to contribute 2% to India’s GDP and create 2.8 mn jobs by 2030: Report – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article MLA Chaitar Vasava’s arrest, clear sign of BJP’s desperation after defeat in Visavadar: Arvind Kejriwal – World News Network
Next Article Tesla drops “coming soon” teaser ahead of its expected India entry this month – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -

Latest News

Rapper Divine returns to Indian hip hop after six-month hiatus with powerful song ‘Aag’ – World News Network
Entertainment 11 hours ago
Sonu Nigam announces India tour ‘Satrangi Re’ on his 52nd birthday, releases song ‘Kahani Meri’ – World News Network
Entertainment 11 hours ago
‘Param Sundari’ first track out: Sidharth Malhotra, Janhvi Kapoor impress fans with their chemistry in ‘Pardesiya’ love song – World News Network
Entertainment 11 hours ago
“I would like to…”: Singer Sonu Nigam reveals his birthday wish as he turns 52 – World News Network
Entertainment 11 hours ago

Sports

India to play CAFA Nations Cup 2025 – World News Network
Sports
Cricket Australia eyes next evolution of Big Bash League to boost future growth and success – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • National
  • Videos
  • Gujarati

Popular Category

  • Hindi
  • Lifestyle
  • Marathi
  • National
  • Science
  • Sports
  • Tech
  • World

Entertainment

Khushi Kapoor shares why she wants to have “communal wardrobe” with Janhvi Kapoor – World News Network
Entertainment
Filmmaker Shekhar Kapur directs AI-driven film titled ‘Warlord’ – World News Network
Entertainment
Copyright © 2023 World News Network. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?