Phone assembly giant Foxconn's revenue surged to $64.72 billion, beating analyst estimates due to high AI server demand in the current market, reported the news agency Reuters.

December 2024 revenue soared 42.31% year-over-year, while setting a record for the highest fourth quarter revenue ever. Fourth Quarter: The Apple (AAPL) supplier — which is formally known as Hon Hai ...

Robust AI server demand led to strong revenue growth for its cloud and networking products division, said Foxconn, whose customers include AI chip firm Nvidia ...

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Foxconn's earnings release comes just a week after Microsoft announced that it expects to spend $80 billion on AI data center ...

Strong demand for AI servers set Taiwan’s Foxconn to a record fourth-quarter revenue. In a statement, the company said its ...

The world's largest contract electronics manufacturer reported on Sunday a 15.2% increase in revenue for Q4 2024, reaching T$2.13 trillion ($64.72 billion). This slightly surpassed the T$2.1 trillion ...

Good news from Taiwan's Hon Hai Precision Industry company (better known as Foxconn) spread to the benefit of semiconductor ...

Foxconn beat the LSEG SmartEstimate of T$2.1 trillion. The company is the biggest assembler of Apple iPhones in the world, and it also has big tech clients like Nvidia as customers. The iPhone ...

Foxconn Technology's (OTCPK:FXCOF) December 2024 revenue soared 42.31% year-over-year, while setting a record for the highest fourth quarter revenue ever. The revenue jumped 15.03% compared to the ...