Foxconn predicts strong revenue growth in Q1 2025, driven by high demand for AI servers and consumer electronics. This comes after the company reported a lower-than-expected net profit of T$46.33 billion ($1.41 billion) for Q4 2024.
“We have not seen cloud service provider demand slowing down,” said Chairman Young Liu, adding that AI servers will make up more than half of Foxconn’s total server revenue this year.
Foxconn is expanding production for Nvidia and Apple while navigating global trade tensions affecting its manufacturing bases in China and Mexico.
