Foxconn Reports 24% Profit Increase, Expects Strong AI Server Demand in 2026

Taiwanese tech giant Foxconn reported a 24 percent rise in annual net profit for 2025, driven by strong demand for artificial intelligence (AI) servers. The company, also known as Hon Hai Precision Industry, expanded beyond iPhone assembly into AI hardware, electric vehicles, and robotics. Despite geopolitical volatility and energy market concerns linked to the Middle East conflict, Foxconn forecasts robust growth in 2026, expecting high double-digit quarterly increases in AI server shipments.