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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.
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 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.
The Economist
16h
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 ...
12h
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.
1d
on MSN
Apple Inc. supplier Foxconn & Dixon urge India to pay pending production subsidies
Foxconn and Dixon Technologies are requesting subsidies from India’s production-linked incentive program, claiming they are ...
3d
on 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 ...
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 ...
1d
Foxconn, Dixon Tech urge Centre to pay pending production subsidies
Foxconn could get as much as Rs 600 crore and Dixon Rs 100 crore if the government releases the funds, the people said, asking not to be identified as the matter isn’t public. The government is ...
iDrop News
3d
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 ...
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