TAIPEI (Taiwan News) — Foxconn on Thursday reported its highest-ever January revenue of NT$730 billion (US$23 billion).
The figure represents a 35.53% increase compared with January last year. Across its four main product lines, the company noted strong year-on-year growth in cloud and networking products, fueled by robust AI cloud-related orders, according to CNA and Yahoo Stocks.
Components and other products also saw notable growth, driven by shipments of key business-related parts. Consumer smart devices benefited from strong order momentum, while computer terminals showed a slight decline.
Looking ahead, Foxconn expects first-quarter seasonal performance to surpass the five-year historical range. Despite information and communication technology products entering the traditional slow season, projected visibility for the quarter has improved since January, with AI server rack shipments expected to ramp up and consumer smart devices likely to exceed initial forecasts.
Foxconn, one of the world’s largest electronic manufacturing service providers, is shifting from traditional contract manufacturing to new growth areas. The transformation spans three industries, including electric vehicles, digital health and robotics, and leverages three core technologies: 5G, semiconductors, and industrial AI, according to Pocket Securities.
