FILE PHOTO: A Foxconn high energy density solid-state lithium metal battery is displayed at Foxconn’s annual tech day in Taipei, Taiwan October 8, 2024. REUTERS/Ann Wang/File photo
TAIPEI (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker, posted its highest first-quarter revenue ever on strong demand for artificial intelligence products but said it would need to closely watch global politics.
Revenue for Apple's biggest iPhone assembler jumped 24.2% year-on-year to T$1.64 trillion ($49.5 billion), Foxconn said in a statement on Saturday, just missing the T$1.68 trillion LSEG SmartEstimate, which gives greater weight to forecasts from analysts who are more consistently accurate.
