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Pivotal tech moment: iPhones are no longer Foxconn's most important business

Pivotal
Business Insider Fews App News Provider
Fews App Post Time ha 12h

Terry Gou, founder and chairman of Foxconn, speaks at the World Intelligence Congress in Tianjin, ChinaReutersFoxconn's cloud and networking revenue just surpassed its consumer electronics business. Sales from the Cloud & Networking division jumped 47%, driven by AI server demand. Foxconn is expanding AI server production in the US, while its iPhone business languishes.

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