Foxconn’s Q4 revenue surges 22.07% from a year earlier on AI demand

TAIPEI, Jan 5 (Reuters) – Taiwan’s ​Foxconn, the ‌world’s largest contract ‌electronics maker, reported record fourth-quarter revenue on ⁠Monday, ‌driven by strong demand ‍for artificial intelligence products.

Revenue for Nvidia‘s ​biggest server ‌maker and Apple‘s top iPhone assembler jumped 22.07% from ⁠the same ​quarter ​last year to T$2.6028 trillion ($82.73 ‍billion), ⁠Foxconn said in a statement.

($1 = ⁠31.4620 Taiwan ‌dollars)

(Reporting by Wen-Yee ‌Lee)