Hon Hai meets estimates on AI demandUNCERTAINTIES: Sales in the current quarter are expected to grow, but the impact of the volatile global political and economic situation should be monitored, Hon Hai saidBloombergHon Hai Precision Industry Co (鴻海精密) yesterday reported a 29.68 percent year-on-year rise in quarterly sales, a sign of sustained artificial intelligence (AI) demand during the first weeks of war in the Middle East. On a quarterly basis, revenue fell 18.18 percent, said Hon Hai, known internationally as Foxconn Technology Group (富士康科技集團). The Hon Hai logo is pictured at a company office in Taipei on Jan. 27. Hon Hai last month projected strong sales growth this year, fueled by sustained AI momentum. Hon Hai has established itself as a key AI hardware player by assembling servers that house Nvidia accelerators.
Source: Taipei Times April 05, 2026 17:13 UTC