1 week ago
7
TAIPEI, Jan 5 (Reuters) - Taiwan's Foxconn, the world's largest declaration electronics maker, reported grounds fourth-quarter gross connected Monday, driven by beardown request for artificial quality products.
Revenue for Nvidia's biggest server shaper and Apple's apical iPhone assembler jumped 22.07% from the aforesaid 4th past twelvemonth to T$2.6028 trillion ($82.73 billion), Foxconn said successful a statement.
Prediction Market powered by
The results exceeded the T$2.418 trillion LSEG SmartEstimate, which gives greater value to forecasts from analysts who are much consistently accurate.
Foxconn said gross for the 4th grew importantly connected some a quarter-on-quarter and year-on-year basis, exceeding its expectations and creating a precocious basal of examination for the archetypal 4th of 2026.
On a U.S. dollar basis, Foxconn said fourth-quarter revenue roseate 26.4%.
The maturation was driven by beardown show in Foxconn's unreality and networking products division, led by booming request for AI products, portion its astute user electronics conception - which includes iPhones - posted a flimsy gross diminution owed to unfavorable speech rates.
In December alone, Foxconn posted gross of T$862.86 billion, up 31.77% annually and a grounds for that month.
Foxconn, formally called Hon Hai Precision Industry, does not supply numerical forecasts. It volition study fourth-quarter net successful March.
Foxconn's shares roseate 25.3% last year, successful enactment with the broader Taiwan market. The banal closed up 1.08% connected Monday up of the gross data, compared with a 2.57% summation for the benchmark index.
($1 = 31.4620 Taiwan dollars)
(Reporting by Wen-Yee Lee and Ben Blanchard; Editing by Jacqueline Wong)
English (CA) · 
English (US) · 
Spanish (MX) ·