Quanta posted record revenue and earnings per share for the first quarter of 2026, but gross margin collapsed as the company absorbed costs tied to a rapid shift into high-priced GPU-based AI servers.

Edge AI is accelerating across consumer devices and is increasingly embedded in wearables, reshaping smartwatches, earbuds, and smart rings into proactive sensing and response endpoints, industry research showed. Market analysts describe this shift as unfolding now and expected to deepen through 2032, with wearables moving from passive connected accessories to devices that sense, understand, and act on user status and environment in real time.

Hon Hai Precision Industry (Foxconn) reported first-quarter 2026 consolidated revenue of NT$2.11 trillion (approximately US$66.95 billion), up 29.68% year over year but down 19% from the fourth quarter of 2025 due to seasonal factors. Core profitability improved despite the slowdown.

Foxconn (Hon Hai) held an online investor briefing on May 14, where executives outlined that cloud and networking products accounted for nearly 50% of group revenue in the first quarter of 2026 and that AI server shipments will more than double year-over-year for 2026. The company said a shift toward consignment supply for some AI server transactions has depressed reported revenue sequentially but did not affect overall profitability and helped reduce working capital and improve capital efficiency.

Ubiqconn Technology reported consolidated revenue of NT$130 million in April 2026, down 25% month-over-month and down 20% year-over-year, and cumulative revenue for the first four months of 2026 totaled NT$678 million, a 12% decline from a year earlier. The firm said short-term revenue was affected by market demand adjustments, but ongoing product mix optimization had begun to drive structural, differentiated growth across its end markets.

Artificial intelligence has become one of Apple's most complicated strategic challenges. At next month's Worldwide Developers Conference, the company is expected to unveil a broader AI push, including a revamped Siri and deeper generative AI integration across its devices. But behind the scenes, Apple is grappling with a larger question: how to maintain control of the App Store in an era increasingly shaped by autonomous AI agents.

The emerging space arms race toward 2030 is no longer defined simply by the number of satellites nations can launch into orbit. Increasingly, it is being shaped by breakthroughs in advanced communications, artificial intelligence (AI), orbital logistics, and rapid launch systems, technologies that could redefine military power in space over the next decade.

Foxconn announced at an online investor briefing on May 14 that its common-package optics (CPO) switches are scheduled for mass production and shipments beginning in the third quarter of 2026, with an annual shipment target of around ten thousand units. Executives said current visibility points to shipments expanding several times in 2027.

Taiwan's touch panel makers posted mixed first-quarter 2026 results. TPK Holding led the sector after consolidating display driver IC maker Ilitek, boosting revenue, margins, and net profit despite ongoing core operating losses. In contrast, GIS Holding remained in the red amid weak demand visibility, while YoungFast Optoelectronics increasingly relied on electromechanical and gaming-related products to cushion softness in its traditional business.

Foxconn confirmed a cyberattack on some of its North American facilities on May 12. Affected plants continued normal production, the company said, while its cybersecurity team activated emergency response measures. Beyond that, Foxconn offered little — a terse acknowledgment from one of the world's most consequential manufacturers. Reports have since named its Mount Pleasant, Wisconsin, plant as the likely point of origin.