Reported 2 days ago
Foxconn, the largest contract electronics manufacturer, announced a record fourth-quarter revenue of T$2.13 trillion ($64.72 billion), a 15.2% increase from the previous year, fueled by strong demand for AI servers. This performance surpassed analyst expectations, with notable growth in its cloud and networking products division, though consumer electronics revenue showed only slight growth. Despite entering a traditional off-season, Foxconn anticipates significant year-on-year growth in the first quarter of 2025.
Source: YAHOO