Sunday, January 5, 2025

Foxconn reports Q4 revenue of ~$64.6B, up 15% YoY and exceeding analyst expectations for a 13% rise, with December 2024 bringing in ~$19.8B, up 42% YoY (Jane Lanhee Lee/Bloomberg)

Jane Lanhee Lee / Bloomberg:
Foxconn reports Q4 revenue of ~$64.6B, up 15% YoY and exceeding analyst expectations for a 13% rise, with December 2024 bringing in ~$19.8B, up 42% YoY  —  - Company sees significant sales growth for the first quarter  — December sales NT$655 billion up 42% on strong AI server sales



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...