Net profit for October-December for Apple's top iPhone assembler and Nvidia's AI server maker likely came in at T$54.4 billion ($1.65 billion), according to an LSEG consensus estimate of 15 analysts, versus T$53.15 billion a year earlier.

Foxconn has expanded its footprint into high-growth tech sectors like AI and EVs in recent years as its core electronics manufacturing business faces challenges due to industry shifts.

Taiwan's Foxconn, the world's largest contract electronics maker, reported a 13% drop in fourth-quarter profit as weak performance in its consumer electronics division offset strength in its AI server segment business.

Taiwan's Foxconn,the world's largest contract electronics maker, said on Friday that solid demand from its tech clients would drive strong revenue growth in the first quarter. The upbeat forecast contrasts with a cautious note struck by many other businesses,

Foxconn Technology Group reported weaker-than-expected quarterly results as the world’s largest contract electronics maker continued moving into growth areas such as artificial intelligence and electric vehicles.

Foxconn (SS:601138), the worlds largest contract electronics manufacturer and key supplier for Apple (NASDAQ:AAPL) and Nvidia (NASDAQ:NVDA), is expected to report a 2.35% rise in fourth-quarter profit,

Foxconn Technology's (OTCPK:FXCOF) fourth quarter net profit fell 12.8% year-over-year, though the Nvidia supplier forecast AI server revenue to more than double in th