Foxconn's Q4 revenue jumps 22% to record high on AI demand

Core Viewpoint - Foxconn reported record fourth-quarter revenue driven by strong demand for artificial intelligence products, with revenue reaching T$2.6028 trillion ($82.73 billion), a 22.07% increase from the same quarter last year [1]. Group 1: Financial Performance - Revenue exceeded the T$2.418 trillion LSEG SmartEstimate, indicating strong performance relative to analyst forecasts [2]. - Fourth-quarter revenue grew significantly both quarter-on-quarter and year-on-year, surpassing expectations and setting a high base for comparison for the first quarter of 2026 [2]. - On a U.S. dollar basis, fourth-quarter revenue rose 26.4% [2]. Group 2: Segment Performance - Growth was primarily driven by the cloud and networking products division, fueled by booming demand for AI products [3]. - The smart consumer electronics segment, which includes iPhones, experienced a slight revenue decline due to unfavorable exchange rates [3]. - In December, Foxconn achieved revenue of T$862.86 billion, marking a 31.77% annual increase and setting a record for that month [3]. Group 3: Stock Performance - Foxconn's shares rose 25.3% last year, aligning with the broader Taiwan market, and closed up 1.08% on Monday ahead of the revenue data [4]. - The benchmark index gained 2.57% on the same day [4].