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Foxconn sees record April sales with 19% jump, offers positive Q2 outlook despite ‘off-peak season’
- Foxconn, the largest assembler of Apple’s iPhone, said it expects a rise in second-quarter sales as the smartphone market rebounds
- April revenue reached US$15.83 billion, the highest on record, aided by strong AI server demand
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Taiwan’s Foxconn, the world’s largest contract electronics maker and the biggest assembler of Apple’s iPhone, reiterated on Sunday it expected a rise in second-quarter revenue, and reported record sales for the month of April.
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Foxconn said in a statement that this year’s second quarter “remains a traditional off-peak season, and major products are entering a period of transition between old and new products”.
But it added: “The operations outlook for the second quarter is expected to show both quarter-on-quarter and year-on-year growth”.
The statement did not elaborate and the company does not give numerical guidance.
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The company, formally called Hon Hai Precision Industry, said April revenue reached T$510.9 billion (US$15.83 billion), which it said was the highest figure on record for the same period and represented an on-year rise of 19 per cent.
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Revenue in its smart consumer electronics products, including smartphones, in April showed “significant growth” year-on-year, it said.
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