Foxconn Reports Record September Revenue of 1.16 Trillion NTD Driven by AI Growth
Foxconn (Hon Hai) reported a record-high monthly revenue of 1.16 trillion NTD in September, representing a 38.4% year-over-year growth. Revenue for the third quarter reached approximately 3.027 trillion NTD, up 47% year-over-year, driven by strong demand for AI-related hardware. This revenue surge highlights the massive global demand for AI infrastructure, as Foxconn manufactures critical servers and hardware components for major technology companies. It demonstrates that investment in physical AI infrastructure remains strong alongside software advances. Cumulative revenue for the first nine months of the year reached 7.67 trillion NTD, representing a 39.5% year-over-year increase. The company projects that growth momentum in its AI-related business segments will continue through the fourth quarter.
## BACKGROUND
Foxconn, officially known as Hon Hai Precision Industry Co., is the world's largest contract electronics manufacturer. While historically recognized for assembling consumer devices like smartphones, Foxconn has aggressively expanded its manufacturing capacity for AI servers and datacenter equipment to capitalize on the boom in artificial intelligence.