Benefiting from the continued expansion of artificial intelligence (AI) computing power demand, Foxconn Industrial Internet (FII), a subsidiary of Hon Hai Precision Industry (Foxconn), reported first-quarter 2026 revenue that far exceeded market expectations. Revenue reached CNY251.08 billion (approx. US$36.74 billion), up 56.52% year over year, while net profit attributable to shareholders of the parent company reached CNY10.60 billion, soaring 102.55%, with profit growth significantly outpacing revenue.