Foxconn reports record first quarter sales driven by AI server demand

Proactive

Mon, April 6, 2026 astatine 9:50 AM CDT 1 min read

Foxconn, formally known arsenic Hon Hai Precision Industry, reported a beardown summation successful archetypal 4th gross for 2026, driven by sustained request for artificial quality (AI) infrastructure and coagulated show successful its user electronics segment.

The Taiwanese electronics manufacturer, which supplies large tech companies similar Apple and Nvidia, said gross for the January to March play roseate 29.7% year-on-year to T$2.13 trillion (approximately US$66.6 billion). This was somewhat beneath marketplace expectations of T$2.148 trillion.

Growth was led by Foxconn’s unreality and networking division, which benefited from rising request for AI servers. The institution is simply a cardinal manufacturing spouse for large AI spot suppliers, producing server systems utilized successful high-performance computing applications. Continued enlargement successful AI infrastructure, including next-generation server platforms, contributed importantly to the quarter’s performance.

Foxconn’s astute user electronics segment, which includes iPhone assembly, besides recorded notable growth. The institution attributed this to caller merchandise launches and unchangeable planetary request for user devices.

Revenue successful March unsocial reached T$803.7 billion, marking a grounds precocious for the period and representing a 45.6% summation compared with the aforesaid play past year.

Looking ahead, Foxconn said it expects operations to turn some quarter-on-quarter and year-on-year successful the 2nd quarter, supported by ongoing momentum successful AI-related products. However, the institution cautioned that broader uncertainties could impact its outlook.

Foxconn does not supply elaborate guidance, but is scheduled to merchandise its afloat Q1 net study connected May 14.