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Add as a preferred source on GoogleHon Hai Precision Industry Revenue Climbs 46% in October
Revenue reached about $39.7 billion. AI server demand drove growth in cloud computing and networking, while analysts expect strong growth to continue in the fourth quarter.
Hon Hai Precision Industry (2317) announced October revenue of about $39.7 billion, up 46% year over year, as continued global AI infrastructure construction supported demand and AI server demand drove growth in cloud computing and networking.
Cloud computing and networking were key growth drivers. Analysts expect the company to maintain strong growth in the fourth quarter.
October’s increase outpaced September’s 38.42% year-over-year gain.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.