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Foxconn reports record revenue in 2024
Apple's iPhone assembler Foxconn sees 'record' Q4 revenue as AI demand soars
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 Precision (OTCPK:HNHAF) (OTCPK:HNHPF) — said revenue in the fourth quarter grew 15.
Foxconn beats estimates with record fourth-quarter revenue on AI demand
Taiwan's Foxconn , the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter on continued strong demand for artificial intelligence (AI) servers.
Apple Supplier Foxconn Posts Record Revenue, Rides High On AI Server Demand And Nvidia Partnership
Apple and Nvidia supplier Foxconn posted a record topline in Q4 driven by higher cloud and networking and strong demand from AI servers.
1d
on MSN
Amid Nvidia's CES 2025 Buzz, Investors Overlooked Apple Supplier Foxconn's Strong Q4, Says Jim Cramer
Leading market analysts highlighted Foxconn's surprise Q4 performance, with Jim Cramer suggesting investors may have ...
9h
on MSN
Apple Inc. supplier Foxconn & Dixon urge India to pay pending production subsidies
Foxconn and Dixon Technologies are requesting subsidies from India’s production-linked incentive program, claiming they are ...
13d
Why Taiwan’s Foxconn, an iPhone Supplier, Is Investing in Texas and Thailand
The Apple supplier has spent millions in the United States, India and Mexico over the past two years to lessen its dependence ...
MacTech
13d
Apple manufacturing partner Foxconn teams up with Porotech to enter the AR glasses market
Apple manufacturing partner Foxconn has announced a partnership with Porotech to enter the augmented reality (AR) glasses ...
2d
on MSN
Global chip stocks climb as Foxconn's bumper results show a continuation of the AI boom
Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has ...
10h
Foxconn, Dixon Tech urge Centre to pay pending production subsidies
Foxconn could get as much as Rs 600 crore and Dixon Rs 100 crore if the government releases the funds, the people said, asking not to be identified as the matter isn’t public. The government is ...
5d
on MSN
Tim Cook must pull off a careful balancing act to protect Apple's supply chain empire in China
Donald Trump term means the Apple CEO will need to find ways to keep his supply chain in China out of any potential trade ...
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