Foxconn reports 3.16% revenue rise, expects strong Q1 growth

Robert Besser
14 Feb 2025, 10:24 GMT+10

Foxconn, the world’s largest contract electronics manufacturer and Apple’s top iPhone assembler reported a 3.16 percent year-on-year increase in January revenue, with expectations of strong growth in the first quarter
The Taiwan-based company, formally known as Hon Hai Precision Industry Co., said its outlook for the first quarter has improved compared to a month ago, giving it better visibility into market demand
Foxconn’s performance is closely watched as an indicator of global electronics demand, particularly for Apple products and other major consumer electronics

TAIPEI, Taiwan: Foxconn, the world's largest contract electronics manufacturer and Apple's top iPhone assembler reported a 3.16 percent year-on-year increase in January revenue, with expectations of strong growth in the first quarter.

The Taiwan-based company, formally known as Hon Hai Precision Industry Co., said its outlook for the first quarter has improved compared to a month ago, giving it better visibility into market demand.

Foxconn's performance is closely watched as an indicator of global electronics demand, particularly for Apple products and other major consumer electronics.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Pacific Star.

More Information

null in null

Asia

Section

Thousands gather in Himalayas as Dalai Lama celebrates 90th birthday

DHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...

Beijing hits back at EU with medical device import curbs

HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...

Lavrov and Rubio to meet in Malaysia Washington

The Russian Foreign Ministry has confirmed that preparations are being made for talks between the two diplomats Russian Foreign Minister...

South Korea proposes 'Package Deal' to U.S on tariff talks, seeks summit with Trump

Seoul [South Korea], July 10 (ANI): South Korea has proposed a 'package deal' that includes both economic and security considerations...

US may impose lower tariffs on India as compared to other Asia-Pacific countries: Report

New Delhi [India], July 10 (ANI): India could emerge as a major beneficiary of the United States' latest tariff policy as Washington...

"Deeply, truly, and honestly so sorry": Cierra Ortega breaks silence following exit from 'Love Island USA'

Washington, DC [US], July 10 (ANI): Cierra Ortega has broken her silence after her sudden exit from 'Love Island USA.' According...

Business

Section