Taiwan’s Foxconn , the world’s largest contract electronics maker, reported Thursday that its second-quarter operating profit rose 27% year over year, on the strength of its growing artificial intelligence server business. Here’s how Foxconn did in the second quarter of 2025 compared with LSEG SmartEstimates, which are weighted toward forecasts from analysts who are more consistently accurate: Revenue: 1.79 trillion New Taiwan dollars ($59.73 billion) vs. NT$1.79 trillion Operating profit: NT$56.596 billion vs. NT$49.767 billion Second quarter revenue grew 16% from last year, coming in line with LSEG’s SmartEstimates. The company’s net profit for the second quarter came in at NT$44.36 billion, beating expectations of NT$38.81 billion. Foxconn, formally called Hon Hai Precision Industry, is the world’s largest manufacturer of Apple’s iPhones, and has been looking to replicate its success in consumer electronics in the world of AI. The firm manufactures server racks designed for AI workloads and has become a key partner to American AI chip darling Nvidia . Sales of Foxconn’s server products made up the lion’s share of revenues in the second quarter at 41%, surpassing its smart consumer electronic products for the first time, which accounted for 35%. In an earnings report, the company forecasted that its AI server business would continue to drive growth into the current quarter, with revenue expected to increase by over 170% year over year. Foxconn said earlier this month that it expected overall revenue to grow further in the third quarter, but noted that the impact of “evolving global political and economic conditions” would be closely monitored. At the end of July, Foxconn announced that it was taking a stake in industrial motor maker TECO Electric & Machinery in a strategic partnership to build more AI data centers. The company has also shown its willingness to expand into new areas, including the assembly of electric vehicles and the manufacturing of semiconductors. However, U.S. President Donald Trump’s global tariffs could impact Foxconn’s outlook this year. In response to Trump’s tariff threats, the company has already moved most of its final production of made-for-the-U.S. iPhones to India. Taiwan has been hit with a 20% “temporary tariff” from the U.S., with trade negotiations said to be ongoing. Last week, Trump also said he would impose a 100% tariff on imports of semiconductors and chips, but not on companies that are “building in the United States.” While the details of these tariffs remain unclear, Foxconn Technology Co, a metal casing supplier owned by Hon Hai Precision Industry, announced plans to invest $1 billion in the U.S. over the next ten years as part of its North American expansion strategy, according to local media reports
Apple’s next iPhone lineup is edging closer to launch, and new details are steadily emerging online about what each model will bring to the table. If recent leaks and rumours are accurate, the upcoming iPhone 17 series could mark one of the most significant design shifts in recent years, with changes across all four models.
The iPhone 17 series is reportedly set to include the standard iPhone 17, the iPhone 17 Air, the iPhone 17 Pro, and the iPhone 17 Pro Max. Each model is set to feature updates in design, performance, and camera capabilities, with Apple introducing new features to models beyond the Pro lineup for the first time. Let’s take a closer look at what’s coming with the new iPhone 17 lineup based on the latest leaks and rumours.
Also read: Apple teams up with top apps for next-gen Siri launch
iPhone 17
The base iPhone 17 will come with a 6.3-inch display, an upgrade over its predecessor’s size. It will run on the new A19 chip, which claims to deliver moderate performance improvements. A notable addition is the 24MP front-facing TrueDepth camera, marking the first major selfie camera upgrade in years. Apple is also expected to introduce ProMotion and always-on display features, previously limited to Pro models. The device will be offered in purple, green, blue, black, and white, with an expected starting price of $799 (around Rs. 70,001).
Also read: iPhone 17e is already in planning for 2026 launch- Here’s what Apple may do
iPhone 17 Air
The iPhone 17 Air, which is likely to replace the Plus model, is set to prioritise portability with its ultra-thin design. It will feature a 6.6-inch display, run on an A19 Pro chip with a reduced GPU core count, and pack 12GB RAM. The device will have a single rear camera, the main 48MP lens, alongside the upgraded 24MP front camera. It is also expected to introduce Apple’s first in-house C1 5G modem. Colours will align with Apple’s Air lineup, including light blue, light gold, black, and silver. The iPhone 17 Air is expected to start at $949 (roughly Rs. 83,144).

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