Nvidia server partner Hon Hai reports slower sales growth in July

Published 05/08/2025, 09:34
© Reuters.

Investing.com -- Hon Hai (TW:2317) Precision Industry Co., the main server assembly partner for Nvidia Corp . (NASDAQ:NVDA), on Tuesday reported a slowdown in sales growth for July, potentially indicating that tariff-related uncertainties are impacting electronics demand.

The company’s sales increased 7.25% to NT$613.8 billion ($20.5 billion), marking its slowest growth rate since January.

This figure fell short of analyst expectations, who had projected a 12.2% increase in third-quarter revenue.

Hon Hai, which also serves as an assembly partner for Apple Inc. (NASDAQ:AAPL) iPhones, had previously stated that it anticipated sequential and year-over-year growth in third-quarter sales.

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