What is Foxconn's first quarter outlook?

Foxconn expects its first quarter performance to be better than the range seen in the past five years.

What drove Foxconn's January revenue increase?

January revenue saw a 35.5% year-on-year rise, boosted by increasing shipments of AI racks and better-than-expected performance in smart consumer electronics.

What products are performing well for Foxconn?

Shipments of AI racks are increasing, and sales of Smart Consumer Electronics are performing better than expected.

Home / Business and Economy / Foxconn Eyes Strong Q1 on AI Rack Surge

Foxconn Eyes Strong Q1 on AI Rack Surge

5 Feb

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Summary

Foxconn anticipates a better-than-average first quarter performance.
January revenue saw a significant 35.5% increase year-on-year.
Demand for AI racks and smart consumer electronics exceeds expectations.

Foxconn anticipates a robust performance for the first quarter, building on a significant 35.5% year-on-year increase in January revenue. The company, a key supplier for Nvidia, highlighted that shipments of AI racks are steadily growing.

Furthermore, sales of smart consumer electronics have also performed better than initially projected. Based on these positive trends, Foxconn expects its first-quarter results to exceed the typical performance seen over the last five years.

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