Strong demand for AI hardware brought a 24 percent annual net profit jump last year for Foxconn

Strong demand for AI hardware brought a 24 percent annual net profit jump last year for Foxconn

Taiwanese tech giant Foxconn on Monday said it expected the booming market for artificial intelligence servers to drive growth this year, despite volatility caused by global conflict.

Strong demand for AI hardware fuelled a 24 percent annual net profit jump last year for Foxconn, the world's largest contract electronics manufacturer.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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