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.

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.

The upbeat forecast contrasts with a cautious note struck by many other businesses and underscores that booming demand for AI is not over yet and would further drive hardware sales