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FOXCONN said on Wednesday 1H revenue was TWD 4.65 trillion and 1H net profit TWD 109.9 billion. Q2 net profit rose 35% YoY to TWD 59.97 billion, above analysts' average forecast of TWD 58.8 billion. The company expects demand to remain strong, with s

2026-08-12

FOXCONN said on Wednesday 1H revenue was TWD 4.65 trillion and 1H net profit TWD 109.9 billion. Q2 net profit rose 35% YoY to TWD 59.97 billion, above analysts' average forecast of TWD 58.8 billion. The company expects demand to remain strong, with sustained AI demand to support full-year growth, forecasts Q3 AI rack shipments to rise by high-double-digit pct QoQ, and plans further expansion of global AI production capacity.

Other News
2026-08-12

REUTERS TANKAN shows Japan manufacturing confidence rose from 13 in July to 18 in August, the strongest reading since March 2026. Non-manufacturing confidence Gained to 28 from 25, supported by robust domestic consumption. The three‑month outlook sig

REUTERS TANKAN shows Japan manufacturing confidence rose from 13 in July to 18 in August, the strongest reading since March 2026. Non-manufacturing confidence Gained to 28 from 25, supported by robust domestic consumption. The three‑month outlook signals a moderation in sentiment. Semiconductor‑related demand is the main driver: sharp jumps in chemical and metal‑machinery subindices suggest strength in the semiconductor supply chain is spreading across Japan’s industrial base rather than remaining concentrated in a few chipmakers. The manufacturing index peak implies earlier global trade uncertainty that had weighed on chip‑demand exporters has largely faded. The transportation equipment index remained at 0, indicating the auto sector has not yet meaningfully benefited from the broader recovery.
2026-08-11

REUTERS SURVEY: US 10-year Treasury yield expected to fall to 4.50% in three months, remain at that level through six months, and decline to 4.34% in one year. July survey: 4.48%, 4.48% and 4.39%.

REUTERS SURVEY: US 10-year Treasury yield expected to fall to 4.50% in three months, remain at that level through six months, and decline to 4.34% in one year. July survey: 4.48%, 4.48% and 4.39%.
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