Foxconn Industrial Internet Co Ltd: Financial Highlights and Recent Developments
Foxconn Industrial Internet Co Ltd, a prominent player in the Information Technology sector, specializes in communication network equipment. The company, based in Shenzhen, China, is listed on the Shanghai Stock Exchange and trades in CNH currency. As of August 17, 2025, the company’s close price was 44.46 CNH, with a 52-week high of 45.78 CNH on August 13, 2025, and a 52-week low of 14.58 CNH on April 8, 2025. The market capitalization stands at 858.33 billion CNH, with a price-to-earnings ratio of 31.913.
Recent Financial Activity
On August 19, 2025, the electronic industry, which includes Foxconn, saw significant net buying, leading the sectors with a net purchase amount of 41.91 billion CNH. This activity was part of a broader trend where 27 out of 31 primary industries experienced net buying, with sectors like computing, power equipment, machinery, telecommunications, automotive, pharmaceuticals, defense, and chemicals also seeing substantial net purchases exceeding 10 billion CNH each.
On an individual stock level, 2,190 stocks were net bought, with 203 stocks seeing net purchases over 5 million CNH. Notably, 25 stocks had net purchases exceeding 2 billion CNH, with Foxconn’s industry peer, 工业富联 (Industrial Fuling), leading with a net purchase of 16.94 billion CNH, accounting for 24.75% of the day’s inflow.
Strategic Developments
Foxconn has been actively expanding its operations and strategic partnerships. Recently, SoftBank acquired Foxconn’s Ohio plant to build AI servers for US data centers, a move that underscores the growing importance of AI infrastructure. This acquisition, valued at $375 million, highlights Foxconn’s shift towards AI and its potential to generate revenue comparable to its traditional electronics business.
In response to US tariffs, Foxconn is realigning its regional operations. This includes expanding iPhone 17 production across five factories in India, a strategic move to mitigate the impact of tariffs on exports from China. This expansion is part of Apple’s broader strategy to reduce tariffs by increasing production in India.
Market Performance and Outlook
The A-share market has seen robust trading activity, with the Shanghai and Shenzhen exchanges recording a total turnover of 25,884 billion CNH on August 19, 2025. This marks the sixth-largest single-day turnover in history and the fifth consecutive day of turnover exceeding 20,000 billion CNH.
Foxconn’s strategic pivot towards AI and its collaboration with Nvidia on AI projects indicate a significant transformation from its legacy business in consumer electronics. This shift is expected to continue, with AI servers potentially generating more revenue than traditional electronics in the future.
Overall, Foxconn’s strategic initiatives and the favorable financial activity in its sector position it well for continued growth in the evolving technology landscape.