AI TRENDS | Hon Hai Reports June Sales of TWD 821.8 Billion, Up 52.1% Year on Year

Hon Hai said its June sales reached TWD 821.8 billion, a 52.1% increase from a year earlier, and its second-quarter revenue rose 39.83% year on year. According to Jin10, the company said that looking ahead to the third quarter, shipments of AI racks were expected to continue growing, and its overall operating outlook was expected to rise both quarter on quarter and year on year. Hon Hai added that it remained necessary to monitor the impact of volatile global political and economic conditions.