Taipei, July 7 -- Taiwan-based manufacturing giant Hon Hai Precision Industry Co., known globally as Foxconn, sales for the month of June rose 10 per cent from a year earlier, boosted by cloud and networking gadgets showed strong growth amid an artificial intelligence boom.

The company posted a consolidated sale of NTD 540.24 billion (USD 18.67 billion) in June, its highest ever for the month and up 10.09 per cent on a year-on-year basis but down 12.26 per cent from a month earlier, reports Focus Taiwan.

In the second quarter, Hon Hai's consolidated sales hit a new high of about NTD 1.80 trillion for the April-June period, up 15.82 per cent from a year earlier and up 9.45 per cent from the first quarter.

According to the iPhone assembl...