Hon Hai (Foxconn) May revenue hits NT$859.4 billion, record high for the month; Q2 outlook beats expectations
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Hon Hai Precision Industry (Foxconn) reported on Thursday its May consolidated revenue of NT$859.409 billion, up 3.28% month-on-month and 39.57% year-on-year, setting a new record for the month. Cumulative revenue for the first five months of the year reached NT$3.821 trillion, up 31.79% year-on-year, also a record high. For the second quarter, the company said its outlook is significantly better than its previous forecast of notable sequential growth, driven by continued growth in AI server racks, though it remains cautious about global political and economic uncertainties.