TOP BIT

These workers could soon see their jobs replaced by AI…

Foxconn, the world’s largest contract manufacturer and key iPhone producer for Apple, recorded a 27% profit increase in the second quarter.

For the first time, the largest share of revenue (41%) came from AI servers, while smartphones accounted for only 35% — marking a clear strategic shift away from the stagnating smartphone market toward high-growth segments such as artificial intelligence and cloud infrastructure.

The Details

💻 AI Boom: Foxconn builds servers for applications such as…

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