Taiwan's Foxconn,the world's largest contract electronics maker, said on Friday that solid demand from its tech clients would drive strong revenue growth in the first quarter. The upbeat forecast contrasts with a cautious note struck by many other businesses,

Foxconn has expanded its footprint into high-growth tech sectors like AI and EVs in recent years as its core electronics manufacturing business faces challenges due to industry shifts.

Foxconn (SS:601138), the worlds largest contract electronics manufacturer and key supplier for Apple (NASDAQ:AAPL) and Nvidia (NASDAQ:NVDA), is expected to report a 2.35% rise in fourth-quarter profit,