Foxconn Chair Young Liu says the company will spend $2B to $3B per year in AI in the next three to five years and is discussing potential investments with Japan
At Foxconn's shareholder conference, Chair Young Liu says 2025 revenue is set to reach ~$234B due to AI, and reassures shareholders amid US tariff uncertainty
The company has been diversifying its businesses, growing its footprint in areas like AI servers and electric vehicles
Foxconn CEO Young Liu says “the attitude and the approach” of the US government toward tariffs has become a “big headache” for companies like Apple and Amazon
World's biggest contract electronics manufacturer highlights disruption caused by trade policy to groups including Apple and Amazon
Foxconn Chair Young Liu says the company expects any impact of Trump's new tariffs to hit it less than its rivals, citing its global manufacturing footprint
Wen-Yee Lee / Reuters :
Foxconn Chair Young Liu says the company plans to build a plant in Mexico's Guadalajara to make Nvidia GB200 Blackwell AI servers, as tech decouples from China
Decision to base plant in Guadalajara shows ‘nearshoring’ of supply chains away from China — Electronics manufacturing group Foxconn …
Foxconn Chair Young Liu says the company implemented a rotating CEO system this month, aiming to nurture successors, choosing a leader from its six businesses
Yimou Lee / Reuters :
An interview with Foxconn chairman Young Liu on shifting some supply chains away from China as China-US tensions rise, hoping to capture 5% of EVs, and more
iPhone maker Foxconn is betting big on electric cars and redrawing some of its supply chains as it navigates a new era of icy Washington-Beijing relations.
Current and former employees say Foxconn has hired ~10K contract workers in Chennai, India, since November 2022, paying between ~$190 and ~$225 per month
Nilesh Christopher / Rest of World : Tweets: @tarykuh , @the_bongrel , and @nilchristopher Tweets: @tarykuh : every saturday, a clutch of engineering colleges in south India turns into venues for wal...
Foxconn names chip unit head Young Liu as its new chairman, replacing Terry Gou, who is running for president in Taiwan
Debby Wu / Bloomberg :
Foxconn names Young Liu as its new chairman to replace founder Terry Gou, who is competing for nomination in the 2020 Taiwanese presidential elections
Hon Hai Precision Industry Co., the largest assembler of Apple Inc.'s gadgets, has named Young Liu its new chairman to replace billionaire founder Terry Gou.