Foxconn used to make half its revenue from Apple; now it's below 29%

Foxconn: AI servers now pass half of revenue

Foxconn's AI server segment exceeded 50% of revenue (NT$2.53tr +41% YoY), marking structural shift from consumer electronics to infrastructure-led growth. Gross margin at 6.12% and hyperscaler diversification threaten profitability; success depends on maintaining scale against new assemblers amid TSMC CoWoS constraints.