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Foxconn reports record revenue in 2024

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.

Reuters · 2d

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.

Benzinga.com · 3d

Apple Supplier Foxconn Posts Record Revenue, Rides High On AI Server Demand And Nvidia Partnership

Apple and Nvidia supplier Foxconn posted a record topline in Q4 driven by higher cloud and networking and strong demand from AI servers.

Foxconn, India

AppleInsider · 1d

Foxconn wants a bigger cut of India's production incentive subsidies

Apple's iPhone assembly partner Foxconn has asked the Indian government for larger payments from a manufacturing fund, because other companies failed to meet standards.

The Economic Times on MSN · 1d

Foxconn, Dixon ask govt to pay pending production-linked subsidies

The government pledged a total of Rs 41,000 crore ($4.8 billion) in subsidies to manufacturers, and part of that remains unallocated because some companies didn't meet estimated production targets

Digi Times · 16h

Foxconn and Dixon reportedly urge Indian government to deliver promised subsidies after meeting production targets

Foxconn and Dixon Technologies are seeking substantial subsidies under India's incentive scheme, highlighting potential hurdles in India's efforts to attract investments and build itself as a global electronics manufacturing hub.

The Economist4h

Foxconn and other gadget-makers are expanding their empires

Buoyed by their impressive performance, the companies are busy expanding into new products and places. Contract manufacturers ...

2don 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 ...

The Register on MSN2d

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 ...

6don MSN

Tim Cook must pull off a careful balancing act to protect Apple's supply chain empire in China

Donald Trump term means the Apple CEO will need to find ways to keep his supply chain in China out of any potential trade ...

3don MSN

Global chip stocks climb as Foxconn's bumper results show a continuation of the AI boom

Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has ...

iDrop News2d

India Plans Subsidies and Tariff Reductions to Boost Apple’s Production Efforts in the Country

India will soon offer a combination of subsidies and tariff reductions designed to lower the cost of production for Apple and ...

TSMC To Deliver A Robust Quarter

TSMC is entering an unprecedented growth phase, driven by accelerating AI infrastructure demand. Check out why I reiterate a ...

13h

Apple's Airtag Factory Fails To Impress Indonesia: iPhone 16 Sales Remain Banned Despite Local Production Plans

Apple cannot sell its iPhone 16 in Indonesia due to unmet local content requirements, despite a $1 billion investment to produce AirTag devices on Batam Island.

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