Hon Hai (2317 TT) expects FY performance to eclipse previous guidance. Expects that positive trend will continue into the following FY
ORIGINAL · NewsquawkHon Hai (2317 TT) expects FY performance to eclipse previous guidance. Expects that positive trend will continue into the following FYRead originalHide original
Anticipates that AI server rack shipments in Q4 will increase Q/Q by a high double-digit figure. Expects to add NeoCloud customers during 2027. Revenue share from cloud and networking products to surpass 60% in three-five years. Caution around the outlook for computer products into 2027, given the tight memory situation. Customer orders in the AI space remain very strong.
Hon Hai expects FY performance to exceed prior guidance, following an October revenue report that pointed to continued Q4 AI-related growth and performance in line with market expectations.
News detail
Anticipates that AI server rack shipments in Q4 will increase Q/Q by a high double-digit figure. Expects to add NeoCloud customers during 2027. Revenue share from cloud and networking products to surpass 60% in three-five years. Caution around the outlook for computer products into 2027, given the tight memory situation. Customer orders in the AI space remain very strong.
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