profit

Taiwan’s Foxconn reports 35 percent rise in profit on AI demand

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Taiwan’s Foxconn reports 35 percent rise in profit on AI demand

World’s largest contract electronics maker forecasts strong growth in 2026 amid AI boom. Published On 12 Aug 202612 Aug 2026 Taiwan’s tech titan Foxconn has reported a forecast-busting second-quarter net profit, as exploding demand for artificial intelligence servers needed in data centres powers the company’s growth. The world’s largest contract electronics maker said on Wednesday … Read more

Japan’s Toyota posts record 4.9tn yen profit driven by hybrid demand

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Japan’s Toyota posts record 4.9tn yen profit driven by hybrid demand

Japanese car giant says net profit reached 4.94 trillion yen ($31.9bn) in the year to March. Toyota has reported record profit and sales figures on the back of the weak yen and strong demand for hybrid vehicles. The Japanese car giant said on Wednesday that it netted a record profit of 4.94 trillion yen ($31.9bn) … Read more

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