Hon Hai, the world's largest electronics contract manufacturer, reported an 18.5% increase in its first-quarter profit, surpassing analysts' expectations. According to Jin10, Hon Hai, known as the largest server manufacturer for Nvidia and a major assembler of Apple's iPhones, recorded a net profit of 49.92 billion New Taiwan dollars from January to March. This figure exceeded the LSEG consensus estimate of 48.88 billion New Taiwan dollars and was higher than the 42.12 billion New Taiwan dollars reported in the same period last year.