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Foxconn Predicts Strong 2026 Growth Amid AI Demand

3/16/2026

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Story summary
  • Foxconn (Hon Hai Precision Industry Co., Ltd.) expects strong revenue growth in Q1 2026 and through 2026, despite a 2% quarterly profit drop from a higher tax rate.
  • The company posted record fourth-quarter revenue driven by robust demand for AI products.
  • Chairman Young Liu said AI growth should continue for the next two to three years.
  • Foxconn's shares have fallen about 6% this year, but rose 0.9% ahead of results.