Hon Hai Precision's first-quarter revenue increased by 30% year over year.

SadMoneyMeow · 2026-04-07T05:18:05+00:00

Hon Hai Precision's revenue in the first quarter of 2026 increased by 29.7% year-on-year, reaching approximately 483 billion RMB, driven mainly by strong AI demand. The business growth momentum remains robust and aligns with market expectations.

SadMoneyMeow

2026-04-07 05:18:05

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According to Reuters, Foxconn Precision (2317.TW), the world’s largest electronic contract manufacturer and Nvidia (NVDA.O)’s main server contract manufacturing partner, reported on April 5 that revenue in the first quarter of 2026 increased 29.7% year over year to about RMB 483 billion (about US$6.66B), mainly driven by strong demand related to AI.

This performance is basically close to the 462.7 billion yuan comprehensive forecast by London Stock Exchange Group (LSEG) analysts, showing the company’s strong momentum in business growth.

Foxconn Precision chairman Liu Yang-wei previously said on March 6 that it highlights the company’s continued investment in the AI supply chain, and that the revenue performance is in line with the market’s expectations for AI-driven growth.

(Editor: Liu Chang)

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