Apple iPhone assembler Foxconn reports 11.92% Y/Y revenue growth in May

June 05, 2025 07:45 PM AEST | By EODHD

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Apple iPhone assembler Foxconn reports 11.92% Y/Y revenue growth in May — Image source: Kalkine Media

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[Foxconn (Hon Hai Technology Group) company headquarters] Robert Way/iStock Editorial via Getty Images Foxconn — which is formerly known as Hon Hai Precision (OTCPK:HNHAF [https://seekingalpha.com/symbol/HNHAF]) has reported revenue [https://image.honhai.com/upload/financy_by_month/202506/Hon%20Hai%20Monthly%20Revenue%20Report_May_2025_EN_20250605_9120.pdf] of NT$615.75 billion for May 2025, representing a decrease of 3.99% M/M and an increase of 11.92% Y/Y. The Taiwan-based company said cumulative revenue for the first five months of 2025 jumped 21.65% year-over-year to NT$2.38T. SEGMENT BREAK-DOWN: The revenue performance by product segment shows variations: Smart Consumer Electronics grew M/M due to strong momentum despite exchange rate issues, was flattish Y/Y. Cloud and Networking Products declined slightly from last month, and declined Y/Y. Computing Products also experienced a slight decline M/M, however achieved strong growth Y/Y.

Components and Other Products saw a M/M decline, however revenue delivered significant growth Y/Y. Q2 OUTLOOK: The Apple (AAPL [https://seekingalpha.com/symbol/AAPL]) supplier — which is formerly known as Hon Hai Precision said the Cloud and Networking Products segment anticipates continued growth in Q2, despite it being a seasonal off-peak and a product transition period. Current forecasts project both quarter-over-quarter and year-over-year growth. However, the segment will closely monitor the impact of evolving global political and economic conditions, as well as exchange rate fluctuations. [Seeking Alpha] Seeking Alpha (Seeking Alpha) MORE ON HON HAI PRECISION INDUSTRY CO., LTD.

* Hon Hai Precision: Anticipating A Strong Q1 And An Above-Expectations Q2 (Rating Upgrade) [https://seekingalpha.com/article/4781702-hon-hai-precision-anticipating-a-strong-q1-and-an-above-expectations-q2-rating-upgrade] * Apple suppliers see red after Trump says tech giant must pay tariffs on iPhones not made in US [https://seekingalpha.com/news/4451977-apple-suppliers-see-red-after-trump-says-tech-giant-must-pay-tariffs-on-iphones-not-made-in-us] * Foxconn among potential bidders in $3B deal for chip assembly company UTAC - report [https://seekingalpha.com/news/4451948-foxconn-among-potential-bidders-in-3b-deal-for-chip-assembly-company-utac] * Seeking Alpha’s Quant Rating on Hon Hai Precision Industry Co., Ltd. [https://seekingalpha.com/symbol/HNHPF/ratings/quant-ratings] * Historical earnings data for Hon Hai Precision Industry Co., Ltd. [https://seekingalpha.com/symbol/HNHPF/earnings]

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