07-April-2026
Corporate News
 
Foxconn First-Quarter Revenue Jumps, Company Cautions on Geopolitics
06-Apr-2026

Taiwan's Foxconn, the world's largest contract electronics maker, reported a 29.7% on-year rise in first-quarter revenue on strong demand for artificial intelligence products, though it cautioned about "volatile" global politics. Revenue for Nvidia's biggest server maker and Apple's top iPhone assembler jumped to T$2.13 trillion ($66.60 billion), Foxconn said in a statement on Sunday. That was slightly below the T$2.148 trillion LSEG SmartEstimate, which gives greater weight to forecasts from analysts who are more consistently accurate.

News Source:- https://money.usnews.com/investing/news/articles/2026-04-05/foxconn-first-quarter-revenue-jumps-30-y-y