Taiwan's Foxconn books 2% fall in fourth-quarter profit, lags forecasts

Hon Hai Precision Industry Co

16/03/2026 06:21

Corrects first paragraph fall to 2%, not 2.4%; corrects paragraph 2 net profit to T$45.21 billion, not T$45.51 billion

TAIPEI, March 16 (Reuters) - Taiwan's Foxconn 2317.TW, the world's largest contract electronics maker, reported on Monday a 2% fall in fourth-quarter profit versus the same period a year earlier, lagging estimates.

Net profit for October-December for Nvidia's NVDA.O biggest server maker and Apple's AAPL.O top iPhone assembler was T$45.21 billion ($1.42 billion), versus an LSEG consensus estimate of T$63.86 billion.

($1 = 32.0940 Taiwan dollars)

 (Reporting by Wen-Yee Lee, Faith Hung and Ben Blanchard; Editing by Anne Marie Roantree and Christopher Cushing)

 ((ben.blanchard@thomsonreuters.com;))