Foxconn Posts Record Monthly Sales, Exceeds Expectations with $90 Billion in July.

Hon Hai Achieves Record-Breaking Monthly Revenue of NT$9465.12 Billion in July

Taipei, August 5 - Hon Hai Group announced its consolidated revenue of NT$9465.12 billion for July, significantly exceeding market expectations and setting a new historical high. This also marks the first time the company's monthly revenue has surpassed NT$90 trillion. The remarkable achievement solidifies Hon Hai's leadership position in the global technology industry, particularly in the AI server market.

The result is largely driven by the surge in the AI server market. Hon Hai's subsidiary, Foxconn Precision Technology, has become one of the world's largest PC server suppliers. In recent years, Hon Hai has continued to invest in AI technology and launch a series of AI server products, which have received strong demand from customers. Therefore, Hon Hai's revenue growth this quarter is closely related to the rapid development of the AI server market.

Hon Hai's revenue growth in July was also influenced by the depreciation of the New Taiwan Dollar (NTD) against the US dollar. In the first seven months of this year, the NTD has depreciated by nearly 10% against the US dollar, which is a significant factor for export-oriented companies like Hon Hai. Hon Hai's revenue growth is partially contributed by external factors, rather than just internal reasons.

In addition to the surge in the AI server market and the depreciation of the NTD, Hon Hai's revenue growth is also attributed to its global supply chain advantages. Hon Hai has a vast and agile supply chain network across the globe, which enables the company to quickly respond to changes in market demand. This allows Hon Hai to better cope with market challenges.

Hon Hai's revenue growth has also brought massive benefits to its shareholders. Hon Hai's stock price has risen by nearly 20% in recent months, making it one of the top-performing stocks in the Taiwan Stock Exchange this year. Hon Hai's shareholders are pleased with the company's revenue growth, as it demonstrates the company's increasing competitiveness and leadership position.

In summary, Hon Hai's NT$9465.12 billion revenue in July set a new historical high, with its monthly revenue exceeding NT$90 trillion for the first time. This solidifies Hon Hai's leadership position in the global technology industry, particularly in the AI server market. Hon Hai's revenue growth is attributed to the surge in the AI server market, depreciation of the NTD, and its global supply chain advantages. Hon Hai's shareholders are pleased with the company's revenue growth, which demonstrates the company's increasing competitiveness and leadership position.

Hon Hai's consolidated revenue for the first seven months of this year totaled NT$5589.73 billion, with a year-on-year growth of 37.89%, the highest in history. This indicates that Hon Hai's revenue growth remains strong this year, and the company's future performance will continue to attract market attention.

Finally, this achievement brings new hope for Hon Hai's future development. Hon Hai will continue to invest in AI technology, launch more AI server products, and solidify its leadership position in the global technology industry. At the same time, Hon Hai will continue to optimize its global supply chain and improve its revenue growth foundation.