Hon Hai's revenue in October increased by 46% year-on-year
2026-11-05 16:16:17
According to CoinMeta, Hon Hai reported a 46% year-on-year increase in revenue for October, reaching NT$1.31 trillion (approximately $39.7 billion), reflecting the continuous advancement of global AI infrastructure construction and the strong demand for NVIDIA servers in the market. Analysts Steven Tseng and Rebecca Wang stated that Hon Hai is expected to continue its strong growth momentum in the fourth quarter. Revenue in September increased by 38% year-on-year, reaching a record NT$1.16 trillion, driving third-quarter revenue up by 47% to NT$3.03 trillion, exceeding market expectations by 7%. Cloud computing and networking businesses were driven by strong demand for AI servers and once again became the main drivers of growth. The business of computing products and components also achieved strong growth. Despite an increase in the average selling price of iPhone, the revenue from the consumer electronics business remained flat, further highlighting that AI has become the company's core growth engine. As the shipment volume of Vera Rubin gradually increases, as well as the favorable seasonal factors in the IT industry, Hon Hai's growth momentum is expected to continue into the fourth quarter.
Source:Jin10 Data
This content is for market information only and does not constitute investment advice.
Follow CoinMeta official accounts to stay updated

Hot Articles
Refresh

What Are the Advantages of RWA? Top 5 Benefits
46m ago

Bitcoin November Price: Can It Hit $90,000?
11-02 13:02

Alphabet Loses $500B, Microsoft FCF Turns Positive: Why?
10-30 12:17

How to Buy BNB? 2026 Potential & Key Risks Explained
10-29 12:50

Bitcoin Below $80K: What's Next? Can StanChart Hit $100K?
10-27 12:47



