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Foxconn October Revenue Hits Record NT$1.3 Trillion on Strong AI and iPhone Demand
Electronic Technology · Computer Peripherals · economic_daily · 2026-11-05
Foxconn reported record-breaking October revenue of NT$1.3 trillion, driven by robust iPhone sales and steady AI server shipments, with a positive outlook for Q4.
What Happened
Record Revenue Growth: Foxconn achieved a record-breaking October revenue of NT$1.3 trillion, marking the second consecutive month of trillion-dollar performance. The figure represents a 45.73% increase year-over-year, bringing the cumulative revenue for the first ten months to NT$8.97 trillion.
Key Growth Drivers: The strong performance was primarily fueled by robust demand for new iPhone models and steady shipment volumes for AI servers. While cloud and networking products saw minor fluctuations due to changes in client transaction models, all four major product lines showed significant growth compared to the same period last year.
Bullish AI Outlook: Chairman Young Liu remains optimistic about the AI sector, dismissing bubble concerns and projecting double-digit growth for the group in 2027. The company expects its AI-related business to continue its upward trajectory, aligning with the broader industry trend of AI data center expansion.
Operational Resilience: Despite global geopolitical uncertainties, Foxconn maintains a positive outlook for the fourth quarter. The company continues to focus on optimizing its supply chain and ramping up production for new models to meet market demand and navigate potential material shortages.