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The world's biggest contract electronics maker, Foxconn, reveals a Q3 net profit of T$43.1 billion.
Foxconn, a major supplier for Apple Inc, pleasantly surprised everyone with an 11% increase in profit for the third quarter.
This Taiwanese giant, renowned as the world's largest contract electronics manufacturer, reported a net profit of T$43.1 billion ($1.3 billion) for the July-September period, marking a substantial rise from T$38.8 billion in the same quarter the previous year.
This impressive profit outperformed the T$34.5 billion LSEG SmartEstimate, which places more emphasis on forecasts from consistently accurate analysts. Foxconn's robust financial performance in Q3 highlights its resilience and success in the competitive tech industry.
