Foxconn beats estimates with record Q4 revenue on AI demand

Apple's biggest iPhone assembler sales increase 15.2% to $64.72bn

20250105 Foxconn

A Foxconn electric two-wheeler powertrain system is displayed at Foxconn's annual tech day in Taipei on Oct. 8, 2024. © Reuters

TAIPEI (Reuters) -- 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.

Revenue for Apple's biggest iPhone assembler jumped 15.2% to T$2.13 trillion ($64.72 billion), Foxconn said in a statement on Sunday.

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