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Foxconn second-quarter revenue jumps, company cautions on geopolitics

July 5, 2026 by Mor

Taiwan’s Foxconn, the world’s largest contract electronics maker, reported a 39.8% year-on-year rise in second-quarter revenue that beat market forecasts on strong demand for AI products, though it cautioned about “volatile” global politics. Revenue for Nvidia’s biggest server maker and Apple’s top iPhone assembler jumped to T$2.513 trillion ($78.71 billion) in the April-June quarter, Foxconn … Read more

Taiwan’s chipmaker TSMC reports 58% jump in profit, warns about Iran war impacts

April 16, 2026 by Mor

Taiwan’s chipmaker TSMC, one of the world’s largest companies, reported a 58 percent jump in profit on Thursday for the January-March quarter, thanks to strong demand driven by the artificial intelligence boom, even as the Iran war was driving up costs. Taiwan Semiconductor Manufacturing Corp., a key supplier for Apple and Nvidia and the largest … Read more

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