Foxconn says May revenue climbs 22% on-year, raises outlook

TAIPEI: Taiwan’s Foxconn, the area’s largest contract electronics maker and Apple’s finest iPhone assembler, reported on Wednesday income for Could simply rose 22.1 per cent year-on-year, a document excessive for the month.

It acknowledged in an announcement that its long-established outlook for the 2d quarter modified into for every and each quarter-on-quarter and year-on-year growth

“As a result of better-than-expected query from AI servers, contemporary visibility for the 2d quarter is anticipated to beat expectations,” it added in an announcement, with out elaborating.

The company doesn’t present numerical steering.