AI boom lifts Foxconn August sales to $29.14 billion. According to the report, the August sales were the second-highest monthly sales in Hon Hai's history, trailing only the NT$946.51 billion ($29.85 billion) recorded in July. By ANI. Updated - September 05, 2026 at 05:30 PM. Taipei [Taiwan] Taiwan-based manufacturing giant Hon Hai Precision Industry Co, globally known as Foxconn, reported a 51.98 per cent year-on-year rise in consolidated sales to NT$921.77 billion ($29.14 billion) in August, amid strong global demand for artificial intelligence applications, according to a news report by Focus Taiwan. According to the report, the August sales were the second-highest monthly sales in Hon Hai's history, trailing only the NT$946.51 billion ($29.85 billion) recorded in July. Foxconn, a major iPhone assembler and AI server maker, said its cloud and networking division recorded significant year-on-year revenue growth in August as AI momentum accelerated. Its smart consumer electronics division also reported significant sales growth, supported by clients rebuilding inventories ahead of the launch of new products and higher shipment prices, the report said. The company's electronics component and computing product divisions also posted strong year-on-year growth during the month, the report said. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.

Foxconn Singapore Pte Ltd, a wholly-owned subsidiary of Hon Hai Precision Industry, has priced corporate bonds totalling JPY 101.9 billion under its Medium-Term Note programme. The parent company is providing a guarantee for the issuance. The bond offering comprises JPY 65.7 billion in three-year bonds with a fixed interest rate of 2.92% and JPY 36.2 billion in five-year bonds at a fixed interest rate of 3.28%. The pricing occurred on 4 September 2026. The subsidiary operates under Foxconn Singapore's structure, with Hon Hai maintaining full ownership through a 100% shareholding ratio.

Foxconn to invest $72M in new Apple AI server manufacturing plant in Houston. Source link: https://houston365.info/2026/08/31/foxconn-to-invest-72m-in-new-apple-ai-server-manufacturing-plant-in-houston/ Foxconn's $72 million expansion in Houston to boost Apple's AI server manufacturing. Foxconn's major investment to scale Apple AI server production in Houston. Foxconn, the global leader in electronics manufacturing services, is channeling a substantial $72 million investment into its Houston facility to ramp up production of servers tailored for Apple's artificial intelligence (AI) projects. This expansion reflects the surging demand for sophisticated AI infrastructure and positions Houston as an increasingly vital center for advanced technology manufacturing. The project will enhance production capabilities, integrate cutting-edge automation, and is expected to generate around 200 new jobs within the next year and a half. Highlights of this expansion include: * Deployment of advanced robotics and automation to streamline assembly processes * Strengthening partnerships with regional suppliers to improve supply chain robustness * Implementation of eco-friendly upgrades to reduce energy consumption and carbon footprint This initiative not only elevates Foxconn's manufacturing prowess but also aligns with Apple's strategic focus on domestic innovation and supply chain security, reinforcing its leadership in the rapidly evolving AI technology sector. Houston's strategic role in Apple's AI hardware ecosystem. Situated in a prime logistical location, Foxconn's Houston plant serves as a critical hub in Apple's AI hardware supply chain. The facility's proximity to... - - Author: Caleb Wilson Publish date: 2026-08-31 08:39:00 Copyright for syndicated content belongs to the linked Source. - - 1 - 2 - 3 - 4 - 5 - 6 - 7 - 8