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Foxconn Industrial Internet's Net Profit Doubles in Q1 2026, Exceeding RMB 10 Billion for Three Consecutive Quarter

By: M 5 hours ago

Foxconn Industrial Internet(Fii) has released its financial report for the first quarter of 2026. According to the data, the company achieved revenue of RMB 251.078 billion in the first quarter, representing a year-on-year increase of 56.52%. Net profit attributable to shareholders reached RMB 10.595 billion, surging 102.55% year-on-year, marking the third consecutive quarter in which net profit exceeded RMB 10 billion. Fii attributed its rapid performance growth to the continued surge in AI computing power demand. The company has been steadily optimizing its product mix, gaining market share among key customers, while its cloud service provider business delivered outstanding performance.