Taiwanese company

Foxconn builds world’s largest Nvidia superchip production facility in Mexico amid AI boom

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Foxconn builds world’s largest Nvidia superchip production facility in Mexico amid AI boom

Foxconn, the world’s largest contract electronics manufacturer and Apple’s biggest iPhone assembler, has been benefiting from the artificial intelligence (AI) boom, as it assembles servers used to process AI systems. “We’re building the largest GB200 production facility on the planet,” said Benjamin Ting, senior vice-president at the cloud enterprise solutions business group of Foxconn, formally … Read more

Apple supplier Foxconn sees revenue rising as AI server demand nudges profit up

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Apple supplier Foxconn sees revenue rising as AI server demand nudges profit up

Apple’s main contract manufacturing partner, Foxconn Technology Group, said it expects revenue to grow in the current quarter and for the rest of year, after reporting a profit rise boosted by demand for servers powering artificial intelligence (AI) applications. The Taiwan-based company, formally known as Hon Hai Precision Industry, said on Wednesday that net income … Read more

iPhone maker Foxconn considers rotating CEOs in management reshuffle similar to Huawei, sources say

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iPhone maker Foxconn considers rotating CEOs in management reshuffle similar to Huawei, sources say

Apple supplier Foxconn is considering introducing a rotating chief executive system in a major overhaul of its management structure designed to nurture future talent, three sources briefed on the matter told Reuters. For companies around the world, the rotating chief executive structure is uncommon, but analysts say it can promote teamwork and prevent leadership from … Read more

Beijing’s trade tactics ahead of Taiwan election force exporters into new markets

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Beijing’s trade tactics ahead of Taiwan election force exporters into new markets

Regardless of who wins the January 13 election, Chen and other representatives of Taiwanese businesses – from fish farms to chemical manufacturers – say they are now clear-eyed about the need to minimise as much as possible their dependence on trade with mainland China as they expect more turbulence in cross-strait relations. Beijing’s dilemma if … Read more