Apple iPhone Maker Hon Hai's Profit Soars on AI Boom
March 14, 2024
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3:17Now PlayingApple iPhone Maker Hon Hai's Profit Soars on AI Boom
YouTube Description
as posted by the channelHon Hai reported its second straight quarter of strong profit growth after lucrative AI hardware sales helped offset weakness in iPhone and electronics demand. The world’s largest assembler of Apple’s iPhones posted a 33% rise in net income to NT$53.2 billion ($1.7 billion) in the quarter that ended in December. Bloomberg Intelligence's Robert Lea analyzes the numbers.
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