Foxconn first-quarter revenue jumps 29.7% on AI demand, but company flags geopolitical volatility

Foxconn reported first-quarter revenue of NT$2.13 trillion, up 29.7% from a year earlier, as demand linked to artificial intelligence continued to support growth.

The Taiwanese contract manufacturer, officially known as Hon Hai Precision Industry, said in its March revenue report that cloud and networking products saw strong growth driven by strong pull-in for AI products. Reuters and other outlets reported the quarterly revenue figure on Sunday, April 5.

The company also flagged a less certain outlook. In its official monthly revenue release, Foxconn said the volatile global political and economic situation remains a factor to monitor.

Foxconn did not release a full first-quarter earnings statement in the materials reviewed, so the revenue update is the main fresh data point for now. The company’s March report was published on April 5, 2026, and Reuters-sourced coverage said March revenue rose 45.6% year over year to NT$803.7 billion, a record for that month.

The quarterly update underscores how strongly AI infrastructure demand has been feeding into Foxconn’s business, even as management continues to warn about macro and geopolitical risks.