Foxconn Chairman Sees Limited Impact From Middle-East Conflict So Far

MorningStar
2026.03.06 06:15
portai
I'm PortAI, I can summarize articles.

Foxconn Chairman Young Liu stated that the ongoing Middle East conflict has had a limited impact on the company's business thus far. He anticipates Foxconn's revenue will exceed NT$9 trillion ($281.60 billion) in 2026, driven by AI servers and consumer electronics. Liu expressed concern over potential raw material price increases due to prolonged conflict and higher oil prices. Despite geopolitical tensions, he remains optimistic about a strong performance in 2026, with cloud and networking products becoming the company's largest revenue source in Q2 2025.