Foxconn Surpasses Estimates with Record Q4 Revenue Driven by Strong AI Demand, Reports Reuters
Foxconn, the world’s leading contract electronics manufacturer, achieved record revenue in the fourth quarter, driven by strong demand for AI servers. The company’s earnings reached T$2.13 trillion ($64.72 billion), marking a 15.2% increase compared to the previous year and surpassing analyst expectations. Growth was particularly notable in Foxconn’s cloud and networking products division, highlighting the ...
