Foxconn, Taiwan's leading contract electronics manufacturer, announced its optimistic outlook for first-quarter revenue growth due to solid demand from tech clients amid concerns over President Trump's trade policies. The company's chairman, Young Liu, highlighted the sustained demand for AI servers, with AI servers expected to drive over half of the company's total server revenue this year.

Furthermore, Foxconn reported a net profit dip in the last quarter of 2023 due to losses in its non-operating segments. The company's revenue from consumer electronics is anticipated to increase notably in the first quarter, with robust growth projected for cloud and networking products.

In response to global trade tensions and potential tariff impacts, Foxconn continues its strategic expansions, including a new manufacturing plant in Mexico for AI servers. Additionally, a collaboration with Apple includes plans for a facility in Houston to assemble servers for data centers. Chairman Liu acknowledged the uncertainties surrounding tariffs, emphasizing the company's readiness to adapt to changing circumstances.

($1 = 32.9550 Taiwan dollars)