Hon Hai's October revenue increased by 46% year-on-year, with strong demand for AI

Hon Hai Precision Industry Co., Ltd. announced that its October revenue increased by 46% year-on-year, reaching NT$1.31 trillion (approximately US$39.7 billion), reflecting the ongoing advancement of global AI infrastructure.

Analysts stated that Hon Hai is expected to maintain strong growth momentum in the fourth quarter, with cloud computing and networking businesses driven by demand for AI servers becoming the main growth drivers.