Hon Hai Precision Industry Co., commonly known as Foxconn, reported its highest-ever first-quarter sales of $66.62 billion, marking a 29.68% increase from $51.33 billion in the same period of 2025. This growth is largely attributed to strong demand for artificial intelligence (AI)-related products, particularly in its cloud and networking divisions, where the company holds about 40% of the global AI server market. In March alone, Foxconn achieved record sales of approximately $25.17 billion, representing a 45.57% increase year-on-year. Looking ahead, while the second quarter typically sees slower growth in the information and communications technology (ICT) sector, Foxconn anticipates continued revenue growth due to increasing shipments of AI server racks. Chairman Young Liu has indicated that AI server rack shipments could potentially double by 2026, further solidifying the company's position in the AI infrastructure market.