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Foxconn's September revenue increased by 38.4% year-on-year to NT$1.16 trillion, with third-quarter revenue exceeding expectations with a 47% growth.
Hon Hai Precision Industry Co., Ltd. (Foxconn) announced financial data on October 5, showing that its September revenue reached NT$1.16 trillion, a year-on-year increase of 38.4%, benefiting from strong demand for AI servers. Third-quarter revenue was approximately NT$3.027 trillion (about US$95.5 billion), a year-on-year increase of 47%, higher than analysts' average expectation of NT$2.83 trillion. Cumulative revenue for the first nine months of this year reached NT$7.67 trillion, with an annual increase of 39.5%. The company expects AI-related businesses to continue their growth momentum in the fourth quarter.
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