Foxconn Lifts Yearly Outlook After Q3 Net Income Hits NT$77.52B

Foxconn raised its yearly outlook after reporting Q3 net income of NT$77.52B, exceeding analyst forecasts. The company posted third quarter revenue of NT$3.02T, surpassing the NT$2.85T expected by analysts, and expects full year 2026 results to beat previous targets. Growth was driven by increased investment in AI servers and consumer demand for the $2,000 iPhone Duo, with cloud and networking products now comprising more than 50% of total revenue.