Hon Hai posts record January revenue, expects stronger-than-usual Q1

Taipei, Feb. 5 (CNA) Taiwan-based Hon Hai Precision Industry Co., the world's largest electronics contract manufacturer, reported record January revenue Thursday and said it expects first-quarter performance to beat seasonal averages in recent years, supported by strong artificial intelligence-related shipments.

In a statement, Hon Hai, also known as Foxconn, said consolidated sales for January totaled NT$730.04 billion (US$23.04 billion), down 15.39 percent from December but up 35.53 percent from a year earlier, marking the highest January figure on record.

By product segment, the company said computer terminal products recorded strong month-on-month growth in January, while smart consumer products declined slightly due to changes in order momentum.

Cloud and networking products fell from December because of shipment scheduling, while components and other products also declined.

On a year-on-year basis, cloud and networking products posted strong growth on robust demand for AI cloud products, while components and other products benefited from solid shipments of key parts tied to Hon Hai's core businesses.

Smart consumer products also grew on strong order momentum, while computer terminal products saw a slight decline.

Looking ahead to the first quarter, Hon Hai said revenue in the fourth quarter of 2025 reached a record high and that information and communications technology (ICT) products are gradually entering their traditional low season.

However, the company said its outlook for the first quarter is stronger than expected in January, citing continued growth in shipments of AI server racks and stronger-than-anticipated demand for smart consumer products.

As a result, Hon Hai said it expects first-quarter seasonal performance to outperform the range seen over the past five years.