TAIPEI, Taiwan – Foxconn on Monday projected “strong growth” this year in the artificial intelligence sector, despite challenges such as tariff policies, conflict in the Middle East and global monetary policies.
Foxconn, best known as the world’s largest contract manufacturer for Apple iPhones, reported full-year revenues of NT$8.1 trillion (New Taiwan dollars), a year-over-year increase of 18%.
Net profit for 2025 stood at NT$189.4 billion, up 16% for the same period a year earlier.
Revenue during the fourth quarter totaled NT$2.61 trillion, a 22% increase from the same quarter a year ago, the company said.
Net profit during the quarter totaled NT$45.2 billion, a decline of 2% from the same period the previous year.
Still, the tech giant said 2026 portends to be a strong year in terms of AI growth.
“Despite significant changes in tariff policies, geopolitics, and global monetary policies, the AI server sector is expected to see strong growth in 2026,” the company said in a press release.
Foxconn has partnered with SoftBank Group to manufacture AI components at the former General Motors assembly plant in Lordstown, Ohio. SoftBank purchased the plant from Foxconn in August.