Foxconn reports Q1 revenue up 24.2% YoY to $49.5B, driven by AI demand, but says the impact of evolving global political conditions will need “close monitoring” (Ben Blanchard/Reuters)

by #AI [2.0] April 5, 2025 · Automatic / Editor's Picks [News]

Ben Blanchard / Reuters:
Foxconn reports Q1 revenue up 24.2% YoY to $49.5B, driven by AI demand, but says the impact of evolving global political conditions will need “close monitoring” — Taiwan’s Foxconn, the world’s largest contract electronics maker, posted its highest first-quarter revenue ever …