Taiwan's Foxconn expects robust growth in its artificial intelligence server business next year and will increase investment in several countries amid mounting trade tensions between the U.S. and China,

Taiwanese electronics giant Foxconn, the world's leading contract manufacturer and a key Apple supplier, reported a surge in third-quarter profits, exceeding market expectations.

Foxconn Technology Group reported better-than-expected profit for the third quarter, thanks to continued high demand for AI-related hardware, the latest sign that its recent focus is paying off. The Taiwanese company, formally known as Hon Hai Precision ...