Taiwanese electronics manufacturer Hon Hai Technology Group (Foxconn) has outpaced estimates and hit a record Q4 revenue of T$2.6028 trillion (approximately £65.4 billion), a 22% year-on-year increase.
According to the firm’s official December fiscal disclosure, this performance marks the highest single-quarter turnover in the company’s history.
These figures outpaced the LSEG SmartEstimate of T$2.418 trillion, reflecting a pivot in the organisation’s business model from consumer devices toward AI infrastructure.
FY25 cumulative sales passed the T$8 trillion mark for the first time - a staggering 18% YoY jump.
The primary driver is its strengthening integration with Nvidia, for whom Foxconn serves as a key Original Design Manufacturer (ODM) for AI server arrays.
And while the company’s traditional revenue sources - such as handset assembly for Apple - remained steady despite currency volatility, the ‘Cloud and Networking’ vertical saw strong momentum.
The cloud division now represents a significant portion of the total balance sheet, aided by the steady ramp-up in high-performance computing shipments to meet global data centre requirements.
It's all part of Foxconn's diversification strategy beyond the traditional smartphone ecosystem.
As generative intelligence continues to influence the global supply chain, Foxconn has moved from an assembler toward a central role in the silicon industry,
Late last year, the manufacturer announced a strategic tie-up with OpenAI to co-design hardware specifically for deployment within data hubs.
That was on the back of a joint venture with Nvidia initiated earlier in the year to construct facilities equipped with Blackwell silicon.
Looking toward 2026, Foxconn remains positive despite the typical post-holiday slowdown that affects the tech sector.
In its forward-looking guidance, the enterprise noted that AI server demand is steady enough that it expects Q1 output to reach the higher end of its historical five-year range.