Foxconn Industrial Internet: Expected H1 net profit up 93%-101% YoY, shipments of 800G+ data center switches up 1.4x YoY

Mars Finance News, Foxconn Industrial Internet (601138.SH) announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between 23.4 billion yuan and 24.4 billion yuan, a year-on-year increase of 93% to 101%. In the cloud computing business, the company's product structure has been continuously optimized, and operating efficiency has achieved a significant year-on-year improvement. In the first half of 2026, the revenue from AI servers for cloud service providers increased by more than 230% year-on-year, and AI-related products have become the core growth engine of the company's main business. The company's market share among its major customers has steadily increased, and the next-generation products jointly designed and developed with key customers are progressing smoothly, expected to gradually enter mass production in the second half of the year. As high-speed data center interconnects become key infrastructure for ensuring efficient computing power release, the company's shipment volume of 800G and above data center switches increased by 1.4 times year-on-year. Editor's note: The company's Q2 net profit is estimated at 12.8 billion to 13.8 billion yuan, and Q1 net profit was 10.6B yuan. Based on this, Q2 net profit is expected to increase by 20% to 30% quarter-on-quarter. (Cailian Press)
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