In this article, we discuss the 25 richest billionaires in manufacturing industry. To skip our detailed analysis of the manufacturing industry, go directly to the 5 Richest Billionaires in Manufacturing Industry. Global Manufacturing Industry: An Analysis The global manufacturing industry contributes massively to the world’s GDP. As per the data from the World Bank, global […]
(Bloomberg) -- Hon Hai Precision Industry Co.’s shares jumped to a record high after posting its strongest monthly sales growth since the start of 2023, potentially raising expectations for iPhone and AI server sales.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’At $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal AccountS&P 500 Extends G
Taiwan's Foxconn, the world's largest contract electronics maker and the biggest assembler of Apple's iPhone, reiterated on Sunday it expected a rise in second-quarter revenue, and reported record sales for the month of April.Foxconn said in a statement that this year's second quarter "remains a traditional off-peak season, and major products are entering a period of transition between old and new products". The company, formally called Hon Hai Precision Industry Co Ltd, said April revenue reached T$510.9 billion ($15.83 billion), which it said was the highest figure on record for the same period and represented an on-year rise of 19%. Revenue in its smart consumer electronics products, including smartphones, in April showed "significant growth" year-on-year, it said.