Rumor

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

AppleInsider • Wed, 05 Aug 2026

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: Foxconn In 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

What happened?

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A Foxconn factory - image credit: Foxconn In 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.

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https://appleinsider.com/articles/26/08/05/even-before-iphone-18-pro-mass-production-ai-drives-foxconn-to-record-profits?utm_source=rss

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