# Foxconn reports 46% revenue growth as electronics and server demand rise

_Published Thursday, November 12, 2026 at 9:28 AM EST · Products, Infrastructure · Latest · Tier 2 — Notable_

![Foxconn reports 46% revenue growth as electronics and server demand rise — Primary](https://9to5mac.com/wp-content/uploads/sites/6/2026/11/Foxconn-revenue-climbs-46-Bloomberg-forecasts-16M-iPhone-Duo-sales.jpg?quality=82&strip=all&resize=1200,628)

Foxconn announced a 46% year-on-year revenue increase, driven by consumer electronics and server demand. The contract manufacturer has expanded into servers for AI data centers and cloud storage, reducing its historical dependence on Apple.

Consumer electronics still account for 29% of Foxconn's revenue, with Apple the division's largest customer. Separately, Bloomberg Intelligence forecasts 16 million iPhone Duo sales in its first 12 months, exceeding Apple's reportedly revised target of 14M units.

## Sources

- [9to5Mac](https://9to5mac.com/2026/11/12/foxconn-revenue-climbs-46-bloomberg-forecasts-16m-iphone-duo-sales/)

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Canonical: https://techandbusiness.org/newswire/-UraaBz06t-Tx7g2a_rbFa
Published: 2026-11-12T14:28:06.699Z
Story chronology: 2026-11-12T13:16:02.000Z
Retrieved: 2026-11-12T16:48:11.629Z
Publisher: Tech & Business (techandbusiness.org)