Foxconn Aims for 40% Global AI Server Market Share

Foxconn eyes 40% global AI server market share

Foxconn targets to increase its global market share for AI servers to 40% in 2024, driven by strong demand for AI technology. The company's AI server revenue is expected to grow over 40% in 2024, accounting for more than 40% of its overall server revenue. Foxconn's net profit surged 72% in Q1 2024, with AI server revenue growing nearly 200% compared to the same period in 2023.

Foxconn Technology Group

Foxconn Faces Talent Poaching Issues in Vietnam

Tim Cook has arrived in Vietnam for a two-day trip, as Apple boosts ties with its key manufacturing hub

Foxconn faced issues with Chinese smartphone makers trying to poach its talent in Vietnam, offering higher salaries, which posed a challenge to its operations in the country.

Foxconn Shifts iPad and MacBook Assembly to Vietnam

In 2020, Foxconn, a major Apple supplier, moved its iPad and MacBook assembly from China to Vietnam at the request of Apple, marking a significant shift in its manufacturing operations.

Foxconn to Start Shipping Nvidia's Blackwell GB200 AI Servers in Q3 2024

Nvidia CEO meets Taiwan suppliers for Blackwell GB200 AI servers

Foxconn, along with Quanta Computer and Wistron, is expected to start shipping Nvidia's Blackwell GB200 AI server orders in the third quarter of 2024, following a meeting between Nvidia CEO Jensen Huang and Taiwanese suppliers.

Vietnam Government Encourages Foxconn to Conserve Electricity Amid Supply Chain Concerns

Vietnam ensures electricity stability amid supply chain firms concerns of power outage

The Vietnamese government is urging companies, including Foxconn, to conserve electricity, which may lead to concerns about a repeat of the 2023 power shortage crisis. However, Foxconn has expressed its commitment to maintaining uninterrupted operations in Vietnam.

Foxconn to Manufacture Google Pixel Phones in India

Foxconn to make Google Pixel phones in India

Foxconn, a Taiwanese electronics equipment manufacturing giant, has partnered with Google to manufacture its Pixel smartphones in Tamil Nadu, India. This expansion marks Foxconn's growth in India, where it already assembles Apple's iPhones in a different facility.

Foxconn Chairman Meets with White House to Discuss Wisconsin Investment

REFILE-UPDATE 1-Foxconn chairman travels to White House to discuss Wisconsin -source

Foxconn's chairman, Terry Gou, traveled to the White House to discuss the company's investment in Wisconsin, including the construction of a display plant and tech research facilities. Despite earlier reports of reconsidering plans, Foxconn remains committed to creating 13,000 jobs in the region.

Foxconn Expands Manufacturing in India with Additional Plants

India, Vietnam key beneficiaries as global firms scout for supply chains outside of China: Nomura

Foxconn is setting up additional plants in India as part of its expansion plans, driven by government policies in various sectors. This move is expected to contribute to India's projected export growth from $431 billion in 2023 to $835 billion by 2030.

Foxconn Ramps Up Hiring for iPhone 7 Production in China

Top Apple suppliers ramp up staffing to make 'complex' iPhone 7: Report

Foxconn is hiring a large number of ordinary workers for its Zhengzhou, China factory, with an overall monthly salary of 3,800 renminbi, in preparation for iPhone 7 production. This hiring has started earlier than in previous years, indicating a strong demand for the new iPhone model.

Foxconn to Invest $5 Billion in Maharashtra, Gets 1,500 Acres for Plant

Foxconn To Invest $5 Billion In Maharashtra, Gets 1,500 Acres For Plant

Foxconn has announced a $5 billion investment in Maharashtra, India, over the next five years. The company will be given 1,500 acres of land for its plant, which will focus on research and development as well as manufacturing. Foxconn plans to collaborate with local partners for its presence in Maharashtra.

Foxconn Technology Group is a multinational electronics contract manufacturing company known for its assembly of Apple products and other consumer electronics.

Foxconn Industrial Internet (Fii) is a world's leading provider of intelligent manufacturing integration solutions. It has been listed on A shares in June, 2018 (Stock code: 601138).

Fii aims to provide enterprises with comprehensive solutions for technology services based on automation, network and platform, leading the transformation from traditional manufacturing to intelligent manufacturing.

Fii has been building a cross-industry industrial Internet application platform driven by cloud computing, mobile terminals, Internet of Things (IoT), big data, artificial intelligence, high-speed network and robot, thus forming a integrated technology empowerment ecosystem.


Foxconn Industrial Internet

Foxconn Industrial Internet Co., Ltd. engages in the research and development, design, manufacturing, and sale of communication network equipment, cloud service equipment, precision tools, and industrial robots. Its communication network equipment products include network equipment, such as network switches, routers, wireless devices, network servers, STB/OTT boxes, and smart home gateways; telecommunication equipment comprising mobile base stations, optical transmission equipment, etc.; and communication network equipment high-precision machine components, consisting of smartphone high-precision metal and polymer machine components, and network telecommunication equipment high-precision machine components. The company also provides cloud computing products, including tower, rack, and blade servers; storage devices and servers; data centers; and storage cabinets. In addition, the company offers precision tools solutions, including diamond cutters, tungsten carbide cutters, and micro thread forming taps, as well as tool development, production systems, blade design, mass production, precision coating, and application testing services; and industrial robotics automation and industrial internet solutions. Its products are used in smartphones, broadband and wireless networks, infrastructure of multimedia service operators and telecom operators, terminal products for Internet value-added service providers, infrastructure of enterprise networks and data centers, and automatic manufacturing of precision core components. The company was incorporated in 2015 and is based in Shenzhen, China. Foxconn Industrial Internet Co., Ltd. is a subsidiary of Hon Hai Precision Industry Co., Ltd.

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