TAIPEI – Foxconn reported record March revenue of TWD 803.7 billion ($25.1 billion), rising 45.57% year over year and 34.90% month over month, driven by strong demand for AI and cloud infrastructure products.

For the first quarter, revenue reached TWD 2.13 trillion ($66.6 billion), up 29.68% compared to the same period last year, reflecting continued momentum in servers and networking equipment tied to artificial intelligence workloads.

Despite the annual growth, quarterly revenue declined 18.18% sequentially, reflecting typical seasonal trends following a strong prior quarter. Foxconn said demand from AI-related segments remains a key driver, supporting continued growth expectations in the near term.

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