Foxconn February Revenue NT$551.4B, Up 56.43% YoY

On March 5, Foxconn announced its financial results, revealing a record-high revenue of NT$551.4 billion for February, marking a 2.36% month-over-month increase and a 56.43% year-over-year surge. The cumulative revenue for the first two months of 2025 reached NT$1.09 trillion, reflecting a 24.63% annual growth, the highest on record for the same period.

Foxconn attributed February's revenue growth primarily to strong performance in the consumer electronics and computer terminal segments. The company noted that a lower base period due to the Lunar New Year in January, coupled with new product launches, significantly boosted market demand. Meanwhile, the components and other products segment, along with cloud networking products, saw a month-over-month decline due to a high base in January.

On a year-over-year basis, all four major product categories demonstrated robust growth. The consumer electronics segment experienced a significant uptick, driven by an extended working period compared to last year's Lunar New Year and new product launches fueling demand. The cloud networking segment benefited from rising AI-driven cloud infrastructure demand, while the computer terminal category saw strong performance due to increased working days and recovering market demand. Additionally, the components and other products segment posted solid growth, supported by higher shipments of key electronic components and automotive-related products.

For the first two months of 2025, Foxconn's revenue surpassed NT$1 trillion, reaching NT$1.09 trillion—an annual increase of 24.63%. Growth momentum was particularly strong in the cloud networking, components and other products, and computer terminal categories, while consumer electronics also saw a significant rebound due to new product launches.

Looking ahead to Q1 2025, Foxconn stated that its revenue outlook aligns with market expectations. The company anticipates that seasonal performance for the quarter will exceed the five-year average, with a strong year-over-year growth trajectory compared to the same period in 2024.