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Foxconn reported a 19% increase in first-quarter profit year-on-year, driven by strong global demand for AI products, with a net profit of T$49.92 billion, exceeding expectations, while the company also reaffirmed its revenue growth outlook amidst ongoing expansions into AI servers, electric vehicles, and production facilities in India and Mexico. #Foxconn #AIProducts #EarningsReport #TW #US #CN #IN #MX #TX #OH
Taiwan's Foxconn reports forecast-beating 19% jump in Q1 profit on AI demand
