Hon Hai Posts Record Third-Quarter Profit, Raises Full-Year Outlook
Posted on 2026-11-12 18:38:13
Hon Hai Precision Industry has reported record third-quarter net profit of 77.52 billion NT, up 34 percent from a year earlier, driven by strong demand for AI-related products.
Revenue for the July-to-September period also hit a record 3.02 trillion NT, jumping 46 percent year-on-year.
Chairman Young Liu says the company's business outlook is clearer than it was in August, prompting Hon Hai to raise its full-year forecasts across all four major product categories.
The company expects strong growth in the fourth quarter, with shipments of AI server racks projected to increase by a high double-digit percentage from the previous quarter.
Liu is also cautiously optimistic about 2027, forecasting continued strong growth in AI server-rack shipments as the company expands its AI business.
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