Taipei: Taiwan-based Hon Hai Precision Industry Co., the world's largest electronics contract manufacturer, reported record January revenue Thursday and said it expects first-quarter performance to beat seasonal averages in recent years, supported by strong artificial intelligence-related shipments.

According to Focus Taiwan, Hon Hai, also known as Foxconn, announced that consolidated sales for January amounted to NT$730.04 billion (US$23.04 billion). This figure represents a 15.39 percent decline from December but a substantial 35.53 percent increase compared to the same period last year, marking the highest January revenue on record for the company.

The company's statement detailed that computer terminal products experienced strong month-on-month growth in January. However, smart consumer products saw a slight decrease due to changing order momentum. Additionally, cloud and networking products declined from December due to shipment scheduling, with components and other products also experiencing a downturn.

On a year-on-year comparison, cloud and networking products posted significant growth driven by robust demand for AI cloud solutions. Components and other products saw benefits from solid shipments of key parts tied to Hon Hai's core business operations. Smart consumer products grew thanks to strong order momentum, while computer terminal products experienced a slight decline.

Looking ahead, Hon Hai noted that revenue in the fourth quarter of 2025 reached a record high and mentioned that information and communications technology (ICT) products are gradually entering their traditional low season. Despite this, the company maintains a positive outlook for the first quarter, citing continued growth in shipments of AI server racks and stronger-than-anticipated demand for smart consumer products. Consequently, Hon Hai anticipates that the first-quarter seasonal performance will surpass the range observed over the past five years.