Hon Hai's May sales increased by 12%.
Hon Hai Precision's revenue in May increased by 11.9%, indicating a slowdown in demand for artificial intelligence. As a major manufacturer of iPhones and NVIDIA servers, the company announced revenue of 615.7 billion Taiwan dollars last month. After a significant increase of 25.5% in sales in April, analysts have an average expectation of 16.8% revenue growth for the second quarter. Hon Hai stated that, at the moment, both quarter-on-quarter and year-on-year revenue growth is expected to be achieved in the second quarter. However, Hon Hai also mentioned in their statement that they still need to closely monitor the impact of global political and economic changes, as well as exchange rate fluctuations.
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