International Companies

Foxconn beats forecasts as Q1 profits jump

By Benjamin Chiou

Date: Thursday 14 May 2026

(Sharecast News) - First-quarter results from Foxconn came in ahead of forecasts on Thursday as higher AI spend across the tech industry boosted profits at the Taiwanese contract electronics maker.
The company, officially known as Hon Hai Technology Group, reported a 19% jump in net profits to NT$49.9bn ($1.6bn), ahead of...

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