On July 9, Foxconn Industrial Internet Co.,Ltd. (SH: 601138) announced its preliminary financial results for the second quarter and first half of 2026. The company projects a net profit attributable to shareholders of between 12.8 billion and 13.8 billion yuan for Q2 2026, marking a significant year-on-year increase of 5.9 billion to 6.9 billion yuan, which translates to a growth rate of 86% to 101%.

For the entire first half of 2026, the company expects its net profit attributable to shareholders to reach 23.4 billion to 24.4 billion yuan. This represents a substantial rise of 11.3 billion to 12.3 billion yuan compared to the same period last year, equating to a year-on-year surge of 93% to 101%.

Cloud Computing Division Performance

Within its cloud computing segment, the company reported continuous optimization of its product portfolio, leading to a substantial improvement in operational efficiency compared to the previous year. A key driver was the revenue from AI servers for cloud service providers, which soared by over 230% year-on-year during the first half of 2026. AI-related products have solidified their position as the primary growth engine for the company's core business.

Market share with major clients has seen steady growth, and the collaborative development of next-generation products with key customers is progressing smoothly. Mass production for these new products is anticipated to commence in the latter half of the year.

Communications and Networking Equipment

In its communications and mobile network equipment business, the company is capitalizing on opportunities in AI computing power. Leveraging its advanced technological capabilities and strengths within the supply chain, it is actively advancing its strategic initiatives. As high-speed data center interconnects become crucial infrastructure for efficient computing power utilization, the company's shipments of data center switches with speeds of 800G and above surged by 140% year-on-year.

The overall performance of this business segment remains robust, with sustained demand from clients and healthy shipment momentum for its products.