Foxconn Q1 Revenue Grows 30 Percent on Strong AI Demand

Foxconn reported a 29.7 percent rise in first-quarter revenue to 2.13 trillion Taiwan dollars. The growth was fueled by strong demand for AI-related hardware.

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FOXCONN TECHNOLOGY CO LTD, the world's largest contract electronics manufacturer, reported a significant 29.7% increase in its first-quarter revenue on Sunday, driven by the global surge in demand for artificial intelligence infrastructure. The company, which is based in Taiwan, recorded revenue of T$2.13 trillion ($66.60 billion) for the period spanning January to March 2026.

Foxconn Chairman Young Liu addresses journalists in New Taipei City, Taiwan, during a March 2026 press event. REUTERS/Ann Wang/File Photo
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