Foxconn's monthly revenue reached a record high of 946.5 billion Taiwan dollars in July, a 54.2 percent increase compared to the same month the previous year.
The company, officially known as Hon Hai Precision Industry, serves as a supplier for Apple and Nvidia. The AI boom is driving record revenue for the Taiwanese contract manufacturer.
Foxconn's monthly revenue in July
This performance marks the first time Foxconn's revenue has exceeded the 900 billion Taiwan dollar mark. Looking ahead, Foxconn expects growth in both quarterly and year-on-year terms for the third quarter.
While the company expects growth, it does not provide numerical forecasts. Foxconn stated it is necessary to observe the effects of the unstable global political and economic situation.
Foxconn is scheduled to release its full results for the second quarter on August 12.
