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23.05.25 - 10:06
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Foxtron charts five-year path to profit with global EV, CDMS rollout (Digitimes)
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Foxtron Inc., the electric vehicle (EV) joint venture between Foxconn and Yulon, held its annual general meeting on May 23, led by Chairman Young Liu. Liu emphasized that Foxtron's Contract Design and Manufacturing Service (CDMS) model aligns with the direction of the global auto industry. Buoyed by encouraging market feedback and new deals with Japanese automakers, the company is aiming to reach profitability within five years of its 2023 IPO—by 2029....
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15.05.25 - 04:06
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Foxconn sees 3% revenue drop for every NTD gain (Digitimes)
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At a recent earnings call, Foxconn chairman Young Liu acknowledged that tariffs and exchange rate fluctuations are posing mounting challenges to global supply chains and expansion plans. However, Liu expressed optimism that these pressures could become catalysts for medium- to long-term transformation, enabling the company to diversify its customer base and seize new opportunities....
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07.04.25 - 12:06
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Cloud growth drives Foxconn′s March revenue to NT$552.125B (Digitimes)
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Driven by the continued growth of AI server cloud network products, system manufacturing leader Foxconn reported a revenue of NT$552.125 billion (approx. US$16.7 billion) for March 2025, bringing its total revenue for the first quarter of 2025 to NT$1.64 trillion. Foxconn stated that cloud network products are expected to maintain their growth trend in the second quarter of 2025, with operations likely to show both quarterly and yearly increases. However, close observation of the impact of global political and economic changes is still necessary....
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