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Apple assembler Foxconn beats estimates with record third-quarter revenue
- Taiwan's Foxconn, the biggest iPhone assembler, reported its highest-ever revenue for the third quarter.
- Revenue jumped 20.2% YoY to T$1.85 trillion ($57.3 billion) on strong demand.
- The growth was driven by strong demand for AI servers and new product launches in the smart consumer electronics division.
- Foxconn expects its operation to gain momentum in the current quarter.
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