Taipei, May 29 -- Foxconn's shareholders approved a record cash dividend payout of $0.22 per share, its highest since the electronics giant listed on the Taiwan Stock Exchange in 1991, Focus Taiwan reported.

The company is expected to issue a total of $3.2 billion in cash dividends. The record dividends come on the back of a blockbuster profit of nearly $6 billion for 2025.

The Apple-supplier is relying on the booming AI demand to drive up the company's sales. Hon Hai's global share of the server market stands at 40 per cent.

Hon Hai's shipments of AI server racks are expected to double in 2026 from a year earlier, the news report quoted Hon Hai Chairman Young Liu as saying. The growth comes on the back of more than $700 billion in cap...