Hon Hai increased sales and profit by 7 trillion yen from April to June due to AI server towing
[Taipei=Longyuan Hideaki] In the financial results for the fiscal year ending 2024/4/6 announced on the 14th by Hon Hai (Hong Hai) Precision Industries, a major Taiwanese electronics company, sales were 1 trillion550.5 billion Taiwan dollars (about 7 trillion yen), up 19% from the same period last year, and net profit was 35 billion Taiwan dollars, up 6%. Server sales for artificial intelligence (AI) remained strong, and sales increased for the first time in 5 quarters.
Koukai's performance grew significantly from 21-22, with “digital special demand” created by the novel coronavirus disaster as a tailwind. Sales declined for the first time in 7 fiscal years due to reactions in the fiscal year ending 23/12, but they once again got on a growth trajectory with AI servers as the driving force. The increase in profit continued for 4 consecutive quarters.
Hon Hai is the world's largest contract manufacturing service (EMS) company for electronic devices. It is said to be responsible for about 60% of Apple's iPhone production. Server production accounts for about 40% of the global market share, and it cooperates closely with NVIDIA, a major US semiconductor company that develops AI semiconductors and servers.
The management team is scheduled to hold an online press conference starting at 4 p.m. Japan time. Remarks on future prospects for AI servers and smartphone markets are attracting attention.
Koukai's performance grew significantly from 21-22, with “digital special demand” created by the novel coronavirus disaster as a tailwind. Sales declined for the first time in 7 fiscal years due to reactions in the fiscal year ending 23/12, but they once again got on a growth trajectory with AI servers as the driving force. The increase in profit continued for 4 consecutive quarters.
Hon Hai is the world's largest contract manufacturing service (EMS) company for electronic devices. It is said to be responsible for about 60% of Apple's iPhone production. Server production accounts for about 40% of the global market share, and it cooperates closely with NVIDIA, a major US semiconductor company that develops AI semiconductors and servers.
The management team is scheduled to hold an online press conference starting at 4 p.m. Japan time. Remarks on future prospects for AI servers and smartphone markets are attracting attention.
Hon Hai's stock price hit a new high since listing. What is the AI data center business growth strategy drawn by CEO Liu, who is the successor, to become NVIDIA's “strongest surplus”? Sharp's role, which is essential to that, and the “true intention” of Koukai getting serious about rebuilding Sharp.
It is about utilizing Sharp as a detonator in AI strategy, one of the fields where Hon Hai's corporate fortune is at stake.
Plans to convert the Sakai LCD Plant into an AI data center have surfaced, and of course this was supported by Kōkai. The bottleneck in operating AI data centers is NVIDIA's procurement of AI semiconductors/GPUs. With this GPU procurement, Hon Hai has outstanding buying power.
Plans to convert the Sakai LCD Plant into an AI data center have surfaced, and of course this was supported by Kōkai. The bottleneck in operating AI data centers is NVIDIA's procurement of AI semiconductors/GPUs. With this GPU procurement, Hon Hai has outstanding buying power.
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