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Foxconn second quarter revenue rises 15.82% on year

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TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker and Apple’s biggest iPhone assembler, on Saturday reported second quarter revenue rose 15.82% from the same period last year to a record for the quarter.

Foxconn, also a major supplier to artificial intelligence chip firm Nvidia, said it expected third-quarter business to grow on quarter and on year.

(Reporting by Wen-Yee Lee; Editing by William Mallard)

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