Jin10 Data reported on August 5th that Nvidia's main server assembly partner, Hon Hai Precision, experienced a slowdown in sales growth in July compared to previous months, indicating that uncertainties caused by tariffs are affecting the demand for electronic products. The company's sales in July rose by 7.25% to NT$613.8 billion (US$20.5 billion), marking the lowest growth rate since January this year. Analysts expect a revenue increase of 12.2% in the third quarter. Hon Hai Precision previously stated that it expects third-quarter sales to achieve both quarter-on-quarter and year-on-year growth.
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Affected by tariffs, Hon Hai's sales rise slowed down in July.
Jin10 Data reported on August 5th that Nvidia's main server assembly partner, Hon Hai Precision, experienced a slowdown in sales growth in July compared to previous months, indicating that uncertainties caused by tariffs are affecting the demand for electronic products. The company's sales in July rose by 7.25% to NT$613.8 billion (US$20.5 billion), marking the lowest growth rate since January this year. Analysts expect a revenue increase of 12.2% in the third quarter. Hon Hai Precision previously stated that it expects third-quarter sales to achieve both quarter-on-quarter and year-on-year growth.