Foxconn Q3 Revenue Hits T$3.03 Trillion on AI Demand, Beating Estimates

Foxconn reported unaudited consolidated revenue of T$3.03 trillion ($95.4 billion) for the July-September quarter, up 47% year-on-year and surpassing analyst estimates of T$2.83 trillion, according to LSEG SmartEstimate data cited by Reuters. The company, formally Hon Hai Precision Industry, attributed growth to AI-driven demand for cloud and networking products, plus a significant increase in smart consumer electronics, a category that includes iPhones. September monthly revenue rose 38% year-on-year to a record T$1.16 trillion, marking the first time Foxconn topped T$1 trillion in a single month. Foxconn expects its AI-related business to expand further through year-end, supported by seasonally strong second-half consumer electronics demand. The company cautioned that a volatile global political and economic environment warrants monitoring. Foxconn does not issue numerical forecasts; full Q3 results are due November 12. Foxconn stock closed up 1.2% on Monday ahead of the release and has gained 10% this year. Taiwan's benchmark index rose 2.6% Monday and is up 72% in 2026.