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Foxconn third-quarter revenue hits record, misses market forecast
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Foxconn third-quarter revenue hits record, misses market forecast
Oct 5, 2025 1:21 AM

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Foxconn's Q3, September revenue hit records

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Foxconn benefiting from surge in AI demand

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Foxconn to report broader Q3 results on Nov 12

(Recasts, updates throughout)

TAIPEI, Oct 5 (Reuters) - Taiwan's Foxconn, the world's

largest contract electronics maker, reported record

third-quarter revenue on strong demand for artificial

intelligence products, though it missed the market forecast and

offered caution about exchange rates.

Revenue for Nvidia's ( NVDA ) biggest server maker and Apple's ( AAPL )

top iPhone assembler jumped 11% from the same quarter

last year to T$2.057 trillion ($67.71 billion), Foxconn said in

a statement on Sunday.

While that was below the T$2.134 trillion LSEG

SmartEstimate, which gives greater weight to forecasts from

analysts who are more consistently accurate, Foxconn said the

result was better than expected.

On a U.S. dollar basis, Foxconn said third quarter

revenue rose 16.1% on year. The Taiwan dollar has

strengthened some 8% so far this year against the greenback.

Strong AI demand led to robust revenue growth for its cloud

and networking products division. Smart consumer electronics,

which includes iPhones, posted a slight revenue decline,

affected by exchange rates, the company said.

September revenue rose 14.2% on year to T$837.1 billion, a

record for that month.

Operations are expected to "maintain sequential quarterly

growth as AI server shipments continue to ramp up in the fourth

quarter" and due to the traditional peak season ahead of

year-end holidays in major Western markets, the company said.

"However, the impact of the global political and economic

situation and exchange rate fluctuations will need continued

close monitoring," it added, without elaborating.

Foxconn, formally called Hon Hai Precision Industry ( HNHPF ), does

not provide numerical forecasts. It will report third quarter

earnings on November 12.

Foxconn's shares have risen 23% this year, outperforming the

16% rise for the Taiwan market. The stock closed up

0.44% on Friday ahead of the revenue data release, compared with

a 1.45% gain for the benchmark index.

($1 = 30.3800 Taiwan dollars)

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