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Foxconn reports record Q4 revenue of $64.72 billion, up 15.2%, fueled by AI server demand.
Foxconn, the largest contract electronics maker, reported its highest-ever revenue for the fourth quarter at T$2.13 trillion ($64.72 billion), a 15.2% increase from last year, driven by strong demand for AI servers.
The cloud and networking products division saw significant growth, while smart consumer electronics revenue was flat.
Foxconn expects average growth in Q1 2025, marking the start of the traditional off-season.
Full earnings will be released on March 14.
3 months ago
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