2317 – Hon Hai Precision Industry Co., Ltd. (Foxconn)

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Hon Hai Precision Industry Co., Ltd., commonly known as Foxconn (trading under the ticker 2317 on the Taiwan Stock Exchange), is a multinational electronics contract manufacturer headquartered in Tucheng, New Taipei City, Taiwan. Founded in 1974 by Terry Gou, Foxconn is the world’s largest technology manufacturer and service provider. Its business model centers on providing comprehensive electronics manufacturing services (EMS), including design, manufacturing, assembly, and after-sales services, to leading global technology companies. A significant portion of its revenue comes from assembling iPhones and other Apple products, but Foxconn also serves a diverse range of clients in the consumer electronics, computing, communications, and automotive industries. Foxconn is increasingly focused on innovative technologies, including electric vehicles (EVs), digital health, and robotics, as part of its “3+3” strategy (EVs, digital health, and robotics, plus AI, semiconductors, and next-generation communication technologies) to diversify its business and drive future growth. Investors interested in stocks and investment opportunities may find news on 2317 and analysis of 2317 relevant for understanding market trends.

Hon Hai Precision (Foxconn) Surges on AI Server Demand
2317

Hon Hai Precision (Foxconn) Surges on AI Server Demand

by | 05/03/2025 03:00 AM | 2317

📈 Hon Hai Precision, also known as Foxconn, reported a 25% increase in revenue, driven by growing demand for AI computing.

🚀 The company's acceleration reflects strong performance in the AI server market.

🤝 As a key supplier to Nvidia and Apple, Hon Hai benefits from the rapid expansion in AI and related technologies.

💰 January and February sales exceeded $33.5 billion, indicating robust growth and market leadership.

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