Taipei: Taiwan-based manufacturing giant Hon Hai Precision Industry Co. on Thursday reported its highest-ever sales in the month of February, a result backed by the ongoing artificial intelligence boom. Despite fewer working days in February than usual due to the long Lunar New Year holiday, Hon Hai, known as Foxconn globally, reported consolidated sales of NT$595.81 billion (US$18.81 billion) for the month.

According to Focus Taiwan, this figure marked an increase of 8.06 percent from February 2025, when the previous high for sales in February was set at NT$551.38 billion, but a decrease of 18.4 percent from January 2026. Hon Hai noted strong growth in its cloud and networking division compared to a year earlier, although its computing products, electronics components, and smart consumer electronics divisions experienced a decline in sales due to fewer working days. The Lunar New Year holiday in 2025 spanned both January and February, affecting working days.

In the first two months of 2026, Hon Hai’s consolidated sales reached NT$1.33 trillion, representing a 21.63 percent rise from the previous year, as shown by the company’s data. During this period, the company saw a significant increase in orders for AI-related products and electronics components, while shipments of computing devices fell. Revenue from smart consumer electronics sales remained relatively steady compared to the previous year.

Looking ahead, Hon Hai anticipates that first-quarter sales will exceed the range seen in the past five years, driven by the continued growth in AI rack shipments and a better-than-expected pace in smart consumer electronics sales. The company plans to hold an investor conference on March 16 to discuss the results of the fourth quarter of the previous year.

Meanwhile, Largan Precision Co., a supplier of smartphone camera lenses to Apple Inc., reported consolidated sales of NT$4.61 billion in February, a decrease of 3 percent from a year earlier and a 16 percent drop from a month earlier. In February, Largan stated that its 20 mega-pixel and higher lenses, which have higher profit margins, accounted for 10-20 percent of total sales, while 10-20 mega-pixel lenses made up about 50 percent, 8 mega-pixel lenses represented less than 10 percent, and other products comprised 20-30 percent. The company expects sales momentum to pick up in March due to an increase in working days. During the January-February period, Largan’s consolidated sales rose 4 percent from a year earlier to NT$10.11 billion.