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Foxconn reports record revenue in 2024

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.

Seeking Alpha on MSN · 3d

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.

Markets Insider on MSN · 3d

Chip stocks soar as solid earnings from top tech manufacturer Foxconn point to big AI demand

Chip stocks including Nvidia, Micron, and ASML surged on Monday after Foxconn reported record fourth quarter revenue, pointing to strong AI demand.

India, Foxconn and Dixon

AppleInsider · 1d

Foxconn wants a bigger cut of India's production incentive subsidies

Apple's iPhone assembly partner Foxconn has asked the Indian government for larger payments from a manufacturing fund, because other companies failed to meet standards.

The Economic Times on MSN · 1d

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 eligible for unallocated funds. The government pledged 410 billion rupees in subsidies,

Digi Times · 21h

Foxconn and Dixon reportedly urge Indian government to deliver promised subsidies after meeting production targets

Foxconn and Dixon Technologies are seeking substantial subsidies under India's incentive scheme, highlighting potential hurdles in India's efforts to attract investments and build itself as a global electronics manufacturing hub.

The Economist9h

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 ...

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.

The Register on MSN2d

Demand for AI servers sees Foxconn fly and suppliers come along for the ride

This matters because Foxconn is the world’s top contractor manufacturer for electronics, and counts Apple, HP, and Dell among ...

6don 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 ...

2don MSN

Amid Nvidia's CES 2025 Buzz, Investors Overlooked Apple Supplier Foxconn's Strong Q4, Says Jim Cramer

Leading market analysts highlighted Foxconn's surprise Q4 performance, with Jim Cramer suggesting investors may have ...

13h

TSMC To Deliver A Robust Quarter

TSMC is entering an unprecedented growth phase, driven by accelerating AI infrastructure demand. Check out why I reiterate a ...

thedailyupside2d

Market Shows Signs of Life After Key Nvidia Supplier’s Record Return, Rumors of Softened Tariffs

Record earnings from Foxconn and some fresh tariff news highlight core themes likely to dominate headlines this year.

18h

Apple's Airtag Factory Fails To Impress Indonesia: iPhone 16 Sales Remain Banned Despite Local Production Plans

Apple cannot sell its iPhone 16 in Indonesia due to unmet local content requirements, despite a $1 billion investment to produce AirTag devices on Batam Island.

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