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Foxconn Industrial Internet (601138.SH): Several customers' 800G switches have successively entered the NPI stage, and it is expected to contribute to the revenue this year.
Foxconn Industrial Internet stated on the interaction platform on July 22 that it has been focusing on high-speed switches and routers. From the recently published performance, it can be seen that the revenue has been increasing gradually every quarter. The trend of AI in data centers and network upgrades has driven the growth of high-speed switch shipments. While the company's share of the top global customers continues to grow, it is also actively expanding new customers. Currently, the main customers cover the global market with a market share of over 75%. Currently, several customers' 800G switches have entered the NPI stage and are expected to contribute revenue this year.
Taiwanese technology stocks continue to be sold off, with Taiwan Semiconductor falling 2.5%.
Tech stocks on the Taiwan stock market continue to fall, with chip manufacturer Taiwan Semiconductor down 2.5%, Apple supplier Fujikura down about 5%, and MediaTek down over 4%. The benchmark Taiwan Weighted Index fell 3% in early trading.
Foxconn Industrial Internet Co., Ltd.'s (SHSE:601138) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
China International Capital Corporation: Can Hong Kong's mobile phone chain maintain stability and achieve unexpected feats in the era of Apple's AI?
In the era of edge AI, Apple enters the field of edge AI innovation, which is expected to drive interaction innovation, function upgrades/appearance changes, and closed-source ecology resonance. Android manufacturers may follow suit, and from 2H24 to 2025, Apple and Android industry chains may enjoy mutual prosperity. Hong Kong stock mobile phone chain is expected to deeply participate in the wave of innovation.
Is Now The Time To Put Foxconn Industrial Internet (SHSE:601138) On Your Watchlist?
Foxconn will invest $0.551 billion in Vietnam for two new projects.
Fujifilm Holdings Corporation unsponsored ADR has been granted investment licenses and will invest in two projects in Quang Ninh Province, Vietnam. The investment amount is approximately 0.551 billion US dollars. According to a press release from the Quang Ninh Provincial Government website, Fujifilm will invest 0.2637 billion US dollars in the Song Khoai Amata Industrial Park to produce Asia Vets entertainment products, with a design capacity of 4.18 million units per year. Another project, with an investment of 0.2872 billion US dollars, will be built in the Bac Tien Phong Industrial Park to produce smart system equipment, with a design capacity of 8.78 million pieces per year.
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