Foxconn reports $29B revenue in August, up 52% year over year

Foxconn just turned in $29.1 billion in revenue for August, a 52% jump compared to the same month last year. That’s the best August the company has ever recorded and its second-highest monthly revenue total in history. The numbers behind Foxconn’s record run Hon Hai Precision Industry, the Taiwanese giant better known as Foxconn, posted unaudited consolidated revenue of NT$921.77 billion for August 2026, translating to roughly $29.14 billion. The 51.98% year-over-year increase builds on what was already a blistering pace. July was actually even bigger. That month clocked in at NT$946.51 billion, up 54.19% year over year, making it the single highest revenue month in Foxconn’s entire history. Cumulative revenue for the first eight months of 2026 reached NT$6.51 trillion, a 39.73% increase over the same period last year. The cloud and networking division has become the company’s center of gravity. During Q2 2026, that segment crossed a milestone, accounting for more than 50% of total revenue for the first time ever. Operating profit for the same quarter climbed 68% year over year. Smart consumer electronics, electronics components, and computing products also contributed meaningfully...