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Foxconn Reports Strong Year-on-Year Growth in June, Faces Currency Pressures

Foxconn Reports Strong Year-on-Year Growth in June, Faces Currency Pressures

Taipei, Taiwan – July 7, 2025 — Hon Hai Precision Industry Co., Ltd., commonly known as Foxconn, posted a notable year-on-year revenue increase for June 2025, reflecting the company’s robust positioning in the global tech supply chain amid growing demand for artificial intelligence (AI) and cloud infrastructure. However, the electronics manufacturing giant also acknowledged a month-on-month decline in performance, citing currency fluctuations as a key challenge.

According to data released by the company, Foxconn’s revenue in June reached NT$540.24 billion (approximately US$18.62 billion), representing a 10.09% increase compared to June 2024. The growth was primarily fueled by strong orders in AI server and cloud computing segments, sectors that have seen explosive demand as global companies accelerate digital transformation and invest in high-performance infrastructure.

Despite the strong annual growth, Foxconn’s June revenue marked a 12.26% drop compared to the previous month of May. This sequential decline was largely attributed to adverse currency exchange movements, which impacted earnings from international operations. The company did not elaborate on specific currencies but noted that global economic uncertainty and foreign exchange volatility remain significant risks to its financial performance.

Foxconn, the world’s largest contract electronics manufacturer and a major supplier for tech giants such as Apple, Nvidia, and Amazon, said it remains cautiously optimistic about the outlook for the second half of 2025. The company is particularly confident in the continued expansion of AI-related hardware production, a segment it believes will drive long-term growth.

“We are seeing consistent demand in the AI cloud infrastructure space, which aligns with our strategic focus on next-generation technology manufacturing,” a Foxconn spokesperson said. “While currency fluctuations pose short-term challenges, we are confident in our ability to adapt and continue delivering value to our clients and shareholders.”

Analysts echo this sentiment, noting that Foxconn is well-positioned to benefit from the ongoing AI boom. Its diversified product lines, including data center servers, networking hardware, and semiconductors, make it a key player in the evolving global tech ecosystem.

However, the company is also grappling with other external pressures, including global inflation, shifting geopolitical dynamics, and supply chain adjustments. In response, Foxconn has continued to diversify its manufacturing footprint outside of China, expanding operations in India, Vietnam, and Mexico to mitigate risk and increase resilience.

As the second half of the year unfolds, market watchers will be closely monitoring Foxconn’s performance, especially in emerging sectors such as AI hardware, electric vehicles, and advanced display technology. The company’s June figures suggest solid fundamentals, but the external environment remains a key variable in its ongoing growth trajectory.

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