By Otobong Tommy
Publication Date: 2026-11-05 11:54:00
Hon Hai Precision Industry, the Taiwanese electronics company founded by billionaire Terry Gou, reported a 46% jump in October sales on strong demand for the Nvidia servers at the center of a global artificial intelligence build-out.
Revenue rose to NT$1.31 trillion ($39.7 billion) last month, Hon Hai said in a statement. Analysts on average had expected sales growth of about 30% over the three months ending December, Bloomberg reported.
Cloud computing and networking were the main drivers of the increase, fueled by demand for AI servers, according to ChainCatcher. Analysts expect Hon Hai to keep its strong growth momentum in the fourth quarter.
The October figure is also higher than September’s NT$1.15 trillion. That was the first month in which Hon Hai’s consolidated sales went above NT$1 trillion, Focus Taiwan reported in October. September revenue rose 38.42% from a year earlier and 25.70% from August, while the previous September high was NT$837.1 billion in 2025.
At the time, the company said its results were “largely based on the performance of its cloud and networking division during the current AI era.” Cloud and networking, electronic components and computing products all improved from a year earlier, while smart consumer electronics was roughly flat as rising product prices weighed on shipments.
Meanwhile, analysts told Focus Taiwan that Hon Hai was one of the biggest beneficiaries of the launch of Apple’s iPhone 18 series in September, which lifted its…
