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

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.