Foxconn sees server revenue surpassing iPhone revenue in two years, agency report says

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Reuters

Wed, Mar 19, 2025, 3:19 AM 1 min read

TAIPEI (Reuters) - Taiwan's Foxconn, besides known arsenic Hon Hai Precision Industry Co. (HNHPF, HNHAF), the world's largest declaration electronics shaper and Apple's (AAPL) main iPhone supplier, expects its server gross to surpass iPhone gross wrong 2 years, Taiwan’s Central News Agency reported.

Foxconn Chairman Young Liu, asked by the quality bureau connected the sidelines of Nvidia’s yearly developer league GTC connected Tuesday connected whether its server gross would surpass its iPhone revenue, said it would "definitely hap wrong 2 years", according to the report.

It besides quoted him arsenic saying that it could adjacent beryllium achieved arsenic aboriginal arsenic this year.

Foxconn manufactures Nvidia’s latest artificial quality servers, including Nvidia's GB200 and GB300 products. The institution confirmed Liu's comments to Reuters connected Wednesday

“We bash astir of the Nvidia (NVDA) systems, not 100% of them, but astir of them,” Liu said successful a unrecorded podcast with The Acquired astatine GTC.

Liu said successful the company’s net telephone past week that its AI server gross is acceptable to scope T$1 trillion ($30.29 billion)this twelvemonth to relationship for much than fractional of the company’s full server revenue.

He added that its gross from unreality and networking products, driven by beardown request for AI servers, volition attack that of astute user electronics, including iPhones, this year.

In 2024, 30% of the company’s gross came from unreality and networking products, portion 46% came from astute user electronics.

($1 = 33.0150 Taiwan dollars)

(Reporting by Wen-Yee Lee; Editing by Kim Coghill)