Even before iPhone 18 Pro mass production, AI drives Foxconn to record profits‎

Ahead of producing the iPhone 18 Pro and the folding iPhone, Apple's main manufacturer Foxconn has announced the greatest monthly earnings in its 52-year history, and says it's all down to AI demand.A Foxconn factory - image credit: FoxconnIn late July 2026, Foxconn began its annual recruitment drive to get enough workers to produce the forthcoming iPhone 18 Pro. But according to Reuters, the company has now reported figures for July that already saw it earn $29.6 billion.It's the highest monthly earnings in the company's history. Foxconn said that this is a 54.2% rise year over year. Continue Reading on AppleInsider | Discuss on our Forums