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iPhone maker Foxconn posts record Q4 revenue at $64 billion
short by Mansi Agarwal / on Sunday, 5 January, 2025
Apple's biggest iPhone assembler Foxconn recorded its highest-ever revenue for the fourth quarter at $64.7 billion. The Q4 revenue jumped 15.2% year-on-year as strong demand for AI servers boosted revenues for the company's cloud and networking products division. The YoY growth was "roughly flattish" for smart consumer electronics, which includes iPhones, Foxconn said.
read more at Reuters