Obsessions for Artificial Intelligence Jump with 'Hun Hai' Profits, iPhone 33%

Hon Hai Precision industry has a significant increase in its second -quarter profits in a row, after sales of profitable artificial intelligence equipment helped to compensate the poor demand for iPhone and other electronic devices. The largest company in the world that collects the “iphone” phones of Apple has risen 33% in the net profit to reach 53.2 billion dollar Taiwanese ($ 1.7 billion) during the quarter. This exceeded the average estimates of $ 43.8 billion, backed by large, not -recurring profits. Foxconn sales decrease amid the lack of security in its business, the shares of the company increased by more than 15% this year, supported by the optimism of the opportunity of “Foxconn” to take advantage of the demand for servers and artificial intelligence equipment. The Taiwanese meeting business, also known as “Foxconn”, was not one of the first group of companies whose performance imposed a group of artificial intelligence, but investors and analysts are likely to increase the company’s share in this sector. During this month it was announced that she had a wonderful order from her old American partner “Hewlett Packard Enterprise”. The mutation of artificial intelligence for the current period, “Hun Hai”, expected sales to fall again, compared to the recovery period to the epidemic early last year, as it was an increase in sales. Sales associated with artificial intelligence have contributed to raising profits, while a year of recession for the iPhone has overcome the most important product that for the first time brought a global fox for Foxconn. “The company’s activity saw a good and well -being in the fourth quarter, which was partly ridden on the side focusing on artificial intelligence, but if it was a step back and looked at 2023 in general, it was a relatively poor year,” says Robert Leah, an analyst at Bloomberg Intelligence. “The company should have a year better, as its main customers start rebuilding shares.” Artificial intelligence is pushing China to buy ‘Foxconn’ shares and said earlier this week that GB Morgan could continue earlier this week that the rise of “Foxconn” shares could continue, in light of the increase in market betting on the company’s prospects for the infrastructure of artificial intelligence servants during the second half of the year. Analysts, including Gocol Harharan, estimate that Hun Hai income ranges from artificial intelligence and investment profits from 10 to 12% in 2025. Although Apple products are more than half of Hun Hi’s revenue, there are still major challenges. Counterpoint research this month indicated that iPhone sales in China suddenly fell by 24% during the first six weeks of this year. To stimulate the request, Apple submitted extraordinary discounts on its electronic store in January, where sellers lower online prices by up to $ 180.