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Home > Latest

Lates News

date
14/05/2025
Thai Finance Minister: Measures have been put in place to minimize the impact of US tariffs as much as possible.
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Ada: The adjustment of drug prices in the United States does not have a direct impact on the sales price of dental implants by the company.
1 m ago
Foxconn, the world's largest electronics contract manufacturer, announced that strong demand for artificial intelligence servers drove a 91% increase in first-quarter profits, surpassing market expectations, but the outlook for the full year has become more conservative. The Apple iPhone assembler and NVIDIA AI server manufacturer's net profit for the first three months reached 42.12 billion New Taiwan dollars (1.39 billion U.S. dollars), higher than analysts' average estimate of 37.8 billion New Taiwan dollars. Foxconn (officially known as Hon Hai Precision) said last month that strong sales of AI servers led to a 24.2% year-on-year increase in first-quarter revenue, reaching a historical high for the period. In the financial report, Foxconn expects a significant year-on-year growth in the second quarter, with the AI server business showing double-digit growth, and production ramping up speed. However, the company forecasts a "significant year-on-year growth" in full-year revenue, lower than the previous expectation of "strong growth". Foxconn did not provide specific numerical guidance, as it usually does not. The company's stock price has fallen by 11.4% so far this year, compared to a 5.4% decline in the broader market index. The stock rose 3.2% in trading on Wednesday before the financial report was released.
1 m ago
Foxconn's first-quarter profit increased by 91% due to the surging demand for AI, but the outlook for 2025 has become more conservative.
1 m ago
The founder of Mikailong had more than 40 companies under his name revoked or cancelled. A rundown of Che Jianxing's business empire.
2 m ago
The Hong Kong stock energy storage device sector strengthened, with Repron Runchun rising more than 4% and Zhengli New Energy rising more than 2%.
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