【Foxconn Technology FY2026 Q2 Earnings Call】Foxconn Technology's US Plant to Begin Trial Production in Q4, Thermal Module Revenue Up 48% YoY — Battling Headwinds from 26% YoY Decline in Apple Supply Chain Revenue - finance.biggo.com

Foxconn Technology (2354. TW) held its Q3 2026 earnings call on September 30, unveiling first-half operating results and its strategic roadmap. The company's Q2 2026 EPS rebounded to NT$0.63, a marked improvement from NT$0.47 in Q1 and NT$0.38 in the same period of 2025. However, Q2 consolidated revenue of NT$30.34 billion (approximately $952.3 million) declined 26.4% year-over-year, primarily due to a high base effect from gaming console products. Management noted that July and August revenue showed a clear rebound, with monthly revenue growing 37.5% and 58.4% year-over-year, respectively. In terms of product mix, thermal modules benefited from AI-related product shipments that began ramping up in the second half of 2025, with first-half 2026 revenue growing 48% year-over-year and revenue share rising from 14% in Q1 to 16% — a key driver of structural improvement. The company also announced that its Louisville, Kentucky manufacturing base is expected to begin trial production in Q4 2026, initially targeting high-margin, low-volume, high-mix core ICT products and advanced AI devices, with a goal of reaching breakeven within one to two years of production launch.