Foxconn’s fourth-quarter revenue jumps 22% to a record high thanks to demand for AI

Foxconn’s fourth-quarter revenue jumps 22% to a record high thanks to demand for AI

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Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record fourth-quarter revenue on Monday, driven by strong demand for artificial intelligence products.Revenue at Nvidia’s biggest server maker and Apple’s top iPhone assembler rose 22.07% from the same quarter last year to T$2.6028 trillion ($82.73 billion), Foxconn said in a statement.

The results surpassed the LSEG SmartEstimate of T$2.418 trillion, giving more weight to analyst forecasts that are more consistently accurate.Foxconn said revenue for the quarter grew significantly both quarter-over-quarter and year-over-year, exceeding expectations and providing a high comparison base for the first quarter of 2026.

On a US dollar basis, Foxconn said fourth-quarter revenue rose 26.4%.


Growth was driven by strong performance from Foxconn’s cloud and networking products division, led by surging demand for AI products, while the smart consumer electronics segment – which also includes iPhones – posted a slight decline in sales due to unfavorable exchange rates.

In December alone, Foxconn posted revenues of T$862.86 billion, up 31.77% year-on-year and a record for that month. Foxconn, formally called Hon Hai Precision Industry, does not provide numerical forecasts. The company will report fourth-quarter results in March.

Foxconn shares rose 25.3% last year, in line with the broader Taiwanese market. The stock closed Monday up 1.08% on sales data, compared with a 2.57% gain for the benchmark index.

($1 = 31.4620 Taiwan dollars)

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