Foxconn October Revenue Hits Record NT$1.3 Trillion, Up 46%

Hon Hai Precision Industry, better known as Foxconn, reported record October revenue of NT$1.3 trillion (US$39.47 billion), up 45.73% from a year earlier, the company said on Thursday, Nov. 5, according to Focus Taiwan, the English service of Taiwan's Central News Agency.

It was the second month in a row above NT$1 trillion. Revenue rose 12.66% from NT$1.158 trillion in September. For the first 10 months of 2026, revenue totaled a record NT$8.98 trillion, up 40.40% from the same period last year, so October alone supplied about 14.5% of the 10-month total (Voltgrid's arithmetic from the company's figures).

Cloud and Networking Dipped From September

The headline growth came from other segments. Of Hon Hai's four product segments, smart consumer electronics recorded the strongest month-on-month growth, which the company tied to early shipments and higher selling prices. Computing products gained on early shipments of new products, and components rose on higher shipments of key components.

Cloud and networking products posted a slight decline from September, the company said, even as AI demand stayed strong. Hon Hai attributed it to changes in its consignment model, supply constraints and the initial production ramp-up of new models. It gave no figure for the segment.

Against October 2025, all four segments grew strongly, led by cloud and networking, followed by components, smart consumer electronics and computing products. The year-on-year lead is large, but the month-on-month dip shows that output of new models depends on supply and ramp timing.

What Hon Hai Expects Next

Hon Hai said it expects its AI-related business to keep growing in the fourth quarter, supported by the traditional peak season for information and communications technology, and expects overall performance to be in line with market expectations. It cautioned that volatility in the global political and economic environment needs close monitoring.

Seeking Alpha, citing Bloomberg, reported that analysts on average had looked for about a 30% increase in sales over the three months ending December. That is a quarterly expectation, while 46% is one month's year-on-year change, so the two are not directly comparable.

Hon Hai Chairman Young Liu said in late October that the global economy would likely stay K-shaped in 2027, with AI data center development driving growth in stronger sectors, Focus Taiwan reported. He said he expected double-digit growth and dismissed concerns about an AI bubble.

For data-center planners, the monthly figure is a rough gauge of how fast server racks are leaving factories, but it is not a rack count. Downstream demand for NVIDIA-based systems shows in Oracle's plan to grow its Vera Rubin cloud to multi-gigawatt scale and in a reported $40 billion SpaceX chip lease.

What Is Not Confirmed Yet

The reports of Hon Hai's release give no revenue by segment and no server count, so the size of the cloud and networking dip is unknown. Whether it reverses as new models ramp will show in the November revenue report and in the company's quarterly results.