Foxconn forecasts ‘double-digit’ 2027 revenue growth; Chairman Young Liu says ‘AI will be most important growth driver’

Hon Hai Precision Industry Co. expects its revenue to register double-digit growth in 2027, supported by rising global investments in artificial intelligence (AI) infrastructure, reported Bloomberg. The company’s upbeat outlook follows quarterly earnings that exceeded market expectations, with growing demand for AI-related products expected to drive its business expansion.

Speaking during an earnings call on Thursday, Chairman Young Liu said demand for AI servers and high-speed networking equipment would remain robust. He identified AI as the company’s biggest growth engine and forecast “double-digit” revenue expansion in 2027.