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Foxconn reports record revenue in 2024
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'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 shares climb following record Q4 revenue
The world's largest contract electronics manufacturer reported on Sunday a 15.2% increase in revenue for Q4 2024, reaching T$2.13 trillion ($64.72 billion). This slightly surpassed the T$2.1 trillion median forecast, driven primarily by robust demand for artificial intelligence (AI) servers.
The Register on MSN
2d
Demand for AI servers sees Foxconn fly and suppliers come along for the ride
This matters because Foxconn is the world’s top contractor manufacturer for electronics, and counts Apple, HP, and Dell among ...
ViewusGlobal on MSN
2d
NVIDIA Hits All-Time High After Foxconn Reports Record-Breaking Q4 Sales
NVIDIA's stock hit a record high, driven by Foxconn's strong Q4 sales and anticipation of new AI chip announcements at CES 2025.
2d
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 ...
Mobile World Live
3d
Foxconn books record sales in Q4
Foxconn ended 2024 by recording its fastest monthly revenue gains for the year in December as well as record sales in Q4.
3d
Why TSMC, KLA, and Lam Research Stocks All Popped on Monday
Foxconn reported 15% sales growth in Q4 2024, to $63.9 billion, a number that CNBC characterized as "bumper sales performance ...
3h
Apple Announced iPhone 18 Years Ago Today, Changing The Smartphone Industry Forever. Here's How Much You'd Have Now If You Invested $1,000 Back Then
Steve Jobs unveiled the revolutionary iPhone, transforming the tech world and making Apple the most valuable company today.
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