Foxconn posts 34% rise in Q3 profit to T$77.5 billion
In short
Foxconn said its July-to-September net profit rose 34% to T$77.5 billion. That beat the LSEG estimate of T$69.6 billion and was up from T$57.7 billion a year earlier.
The result matters because Foxconn is a key supplier to Nvidia and Apple, so its profits can reflect demand in tech hardware supply chains.
What the reporting says
Foxconn reported a 34% rise in July-to-September net profit to T$77.5 billion, beating the LSEG consensus estimate of T$69.6 billion and compared with T$57.7 billion a year earlier. The company is Nvidia’s biggest server maker and Apple’s top iPhone assembler. The result points to stronger quarterly performance than analysts expected.
Why it matters
Foxconn reported July-to-September net profit of T$77.5 billion, up 34% from a year earlier and above the LSEG estimate of T$69.6 billion. The company is Nvidia’s biggest server maker and Apple’s top iPhone assembler, so the result is relevant to the global electronics supply chain and to investors watching hardware demand.