We’ve all heard the buzz around artificial intelligence (AI), but now one of the world’s biggest tech manufacturers is proving it with real numbers. Foxconn, formally known as Hon Hai Precision Industry, just posted a 22.07% year-over-year jump in fourth-quarter revenue, hitting a record high of NT$2.6028 trillion (about $82.73 billion USD), driven by demand…
At its recent tech-day event, Foxconn Chairman Young Liu dropped a big news: Foxconn now builds 1,000 AI racks per week. That scale is huge. These racks are server systems designed to power artificial intelligence workloads. For a company best known for assembling iPhones, this marks a big shift. Liu also said they plan to…
The Taiwanese electronics giant Foxconn is signalling a major shift in strategy as demand for artificial‑intelligence hardware continues to surge. The company revealed that its AI‐related business has become a growth engine and even teased a forthcoming collaboration with OpenAI, the developer behind ChatGPT. For investors doing stock research, especially in the context of AI…
We examine how Foxconn‘s recent actions impact Apple’s growth plans in India. Foxconn Technology Group has recalled about 300 Chinese engineers from its Yuzhan Technology factory in India. This marks the second recall in a few months, with Taiwanese engineers replacing them. This move follows Beijing’s encouragement to limit technology transfers to countries like India….