Hon Hai Precision Industry Apr Revenue Up 29.7% YoY to Record High, Slightly Below Forecast
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Hon Hai Precision Industry reported a 29.7% year-on-year increase in April revenue, reaching TWD832.1 billion (approximately USD26.3 billion), a record high for the month but slightly below the 30.4% growth forecast. Revenue for the first four months also rose 29.7% YoY to TWD2.96 trillion. The company anticipates growth in 2Q despite it being a traditionally low season for ICT products, with AI server racks expected to drive performance. Hon Hai will monitor the effects of the global political and economic environment on its operations.
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