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Taiwan's Foxconn Books 2% Fall in Fourth-Quarter Profit, Lags Forecasts

  • On Monday, Young Liu said Foxconn expects artificial intelligence servers to drive growth this year despite energy market volatility from the Middle East conflict.
  • A 24 percent net profit jump last year shows Foxconn's cloud and networking services rose to 40 percent of its 2025 business, while smart consumer electronics fell to 38 percent.
  • Forecasting strong AI demand, Foxconn said it expects high double-digit quarter-on-quarter growth in AI rack shipments in the first quarter of 2026 and aims to be the most trusted industrial platform of the AI era.
  • Everyone is concerned about memory shortages and related price hikes, Liu said, but the impact has been limited while demand remains steady.
  • Despite those risks, Foxconn said 'Over the past few months, there have been significant changes in tariffs, geopolitics, and global monetary policy' but expects 2026 to be 'a very good year' with robust growth.
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AI to drive growth despite geopolitics, Taiwan's Foxconn says

Taiwanese tech giant Foxconn on Monday said it expected the booming market for artificial intelligence servers to drive growth this year, despite volatility caused by global conflict.

·Missoula, United States
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Channel News Asia broke the news in Singapore on Monday, March 16, 2026.
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