<ul><li>Foxconn, the world's top contract electronics manufacturer, has revised its full-year outlook due to the recent upsurge in the value of the Taiwan dollar, despite anticipating robust demand for AI servers.</li><li>The company, a major assembler for Apple and Nvidia, expressed concerns about U.S. trade and tariff policies impacting its business, citing challenges ahead.</li><li>Chairman Young Liu mentioned that the adjustment in the outlook was primarily due to the Taiwan dollar appreciation against the U.S. dollar, prompting a more cautious stance for the year.</li><li>Foxconn foresees substantial year-on-year growth in the second quarter, especially in AI servers, and is ramping up volume production, although headwinds persist.</li></ul>

Apple assembler Foxconn cuts outlook due to appreciation of Taiwan dollar

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