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19.08.25 - 04:48
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Foxconn shifts focus away from iPhones as AI servers drive growth (SCMP)
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Taiwan's Foxconn, which rose to become a global tech manufacturing juggernaut by assembling millions of iPhones, can now say its main business is no longer Apple as it takes advantage of the artificial intelligence boom to diversify its income.
Its revenue from making AI servers and other cloud and networking products, including for major customer Nvidia, surpassed smart consumer products such as iPhones for the first time in the second quarter, marking the culmination of a shift that began......
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19.08.25 - 04:06
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US tariffs prompt TEEMA to plan science parks in US and Mexico (Digitimes)
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Young Liu, chairman of Hon Hai Precision Industry (Foxconn) and leader of the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA), raised concerns over a 20% tariff imposed by the US on Taiwan. During the TEEMA board meeting on March 18, Liu noted this tariff could impact roughly 25% of the association's 3,000 members and emphasized efforts underway to mitigate its adverse effects....
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18.08.25 - 11:06
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Foxconn chair urges policy support amid the rising trade barriers (Digitimes)
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The impact of reciprocal tariffs on Taiwanese industries continues to mount, with concerns spreading across key sectors. Young Liu, Chairman of Hon Hai Precision Industry Co. (Foxconn) and head of the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA), said during a board meeting on August 18, 2025, that roughly 25% of the association's members are experiencing significant disruption....
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15.08.25 - 11:06
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From EVs to AI: Foxconn repositions Ohio facility under global realignment (Digitimes)
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Foxconn Technology Group faced a mixed bag of challenges in the second quarter of 2025, with currency fluctuations and other external uncertainties weighing on results. Yet, the company managed to deliver an impressive performance, buoyed largely by robust demand in the AI server sector—a fast-growing industry fueling its latest revenue surge....
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