Foxconn Posts 34% Q3 Profit Surge on AI Demand, Warns Supply Chain Strain to Persist

According to Sun Media, Foxconn posted Q3 net profit of NT$77.5 billion (approximately $2.35 billion) in the July-September period, up 34% year-over-year and exceeding LSEG analyst expectations of NT$69.6 billion.

Chairman Liu Yang-wei expressed confidence in continued growth, citing strong AI demand as the primary driver. The company projects AI server shipments will achieve high double-digit growth in 2027, with cloud and networking products already accounting for over 50% of total revenue. However, Liu warned that chip and component supply shortages will likely persist through next year, creating ongoing challenges across the industry despite new production capacity coming online.

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