Apple assembler Foxconn hits record July revenue on surging AI demand

Apple supplier Foxconn, the world’s largest contract electronics manufacturer, reported record monthly revenue in July, driven by robust demand for artificial intelligence products.
The Taiwanese company, formally known as Hon Hai Precision Industry, said July sales reached T$946.5 billion ($27.93 billion), a 54.2% increase from a year earlier. It marked the first time monthly revenue surpassed T$900 billion.
Foxconn, a major supplier to both Apple and Nvidia, attributed the strong perfor