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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.
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.
Chip stocks soar as solid earnings from top tech manufacturer Foxconn point to big AI demand
Chip stocks including Nvidia, Micron, and ASML surged on Monday after Foxconn reported record fourth quarter revenue, pointing to strong AI demand.
Foxconn, India
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.
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
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 Economist
12h
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 ...
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 ...
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 ...
6d
on 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 ...
8h
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.
16h
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 ...
thedailyupside
2d
Market Shows Signs of Life After Key Nvidia Supplier’s Record Return, Rumors of Softened Tariffs
Record earnings from Foxconn and some fresh tariff news highlight core themes likely to dominate headlines this year.
2d
Micron (MU) Stock Jumps for Second Day After Nvidia (NVDA) Mention
Micron Technologies (MU) is climbing for a second straight day after Nvidia (NVDA) noted that it was using MU’s chips in its ...
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