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CEO North America > News > Nvidia supplier Foxconn reports 17% Q3 profit leap

Nvidia supplier Foxconn reports 17% Q3 profit leap

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Nvidia supplier Foxconn reports 17% Q3 profit leap
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Today, Foxconn, the world’s leading contract electronics manufacturer, announced that its third-quarter net profit increased by 17% from a year earlier, driven by growth in its AI server division.

In the July-September period, Foxconn’s revenue reached NT$2.06 trillion (New Taiwan dollars), a year-on-year increase of 11%.

Gross profit reached NT$130.8 billion, up 14% for the same period; operating profit was NT$70.5 billion, a rise of 29%; and net profit (attributable to the parent company’s owners) was NT$57.7 billion, an increase of 17% during the same period.

According to Foxconn’s earnings release, “Looking ahead to the fourth quarter, the company is optimistic about the performance of AI and smart consumer electronics, which are expected to show significant growth momentum both quarter-on-quarter and year-on-year.”

“Regarding the full-year outlook for 2025, Foxconn Chairman Young Liu stated that he maintains his view of significant growth for the full year, but revised upwards the full-year outlook for smart consumer electronics products to flat from a previous view for a slight decline. Among the four major product categories, cloud and networking products remain the main growth driver this year.”

Foxconn stated, “Looking ahead to 2026, Chairman Liu offered a very optimistic outlook. He pointed out the development of the AI industry, the political and economic situation, and monetary policy will be the most important influencing factors next year – the development of the AI industry being the most positive and crucial.”

Moving forward, the company is also optimistic about closer collaboration with major customers, expansion into more diverse AI solutions, and securing more orders. Regarding the traditional ICT industry, there is potential demand for upgrades and new product development.

Foxconn, officially called Hon Hai Precision Industry, is primarily recognized as the world’s top producer of Apple’s iPhones. The company produces server racks tailored for AI applications and has emerged as a crucial partner for Nvidia.

By CEO NA Editorial Staff

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