29-05-2025
- Business
- Wall Street Journal
Foxconn Reassures Shareholders Amid Cloudy Outlook
Foxconn 2317 3.29%increase; green up pointing triangle Technology Group, the world's largest contract electronics maker, said its revenue this year would beat last year's, boosting shareholders' confidence after it downgraded its outlook earlier this month.
Foxconn Chairman Young Liu said at the company's annual shareholders conference on Thursday that 2025 revenue is expected to be over 7 trillion New Taiwan dollars, equivalent to $234 billion, as robust AI server demand continues to support its growth. In comparison, revenue in 2024 was NT$6.86 trillion.
