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Foxconn’s China-listed subsidiary rejects downgrade rumors as AI-server demand holds

Ninelu Tu, Taipei; Jingyue Hsiao, DIGITIMES Asia 0

Credit: DIGITIMES

Foxconn Industrial Internet (FII), a subsidiary of Foxconn Technology Group, has publicly rejected recent media reports asserting that it would reduce its fourth-quarter performance targets and alter its business model. The company emphasized in a statement...

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