Foxconn, also known as Hon Hai, has reported a 26% year-on-year revenue increase. The company is the world's largest contract electronics manufacturer, assembling Apple's iPhone and making the servers that hold chips in data centers.
Fushan Technology, a subsidiary of Taiwanese electronics manufacturer Foxconn, is seeking a permit to expand production in Vietnam to make Xbox game consoles and other electronic parts, according to a company document sent to Bac Ninh province's environmental department.
Taiwan's Foxconn said on Wednesday that it has won regulatory approval for an additional $569 million investment in the U.S. state of Wisconsin.
Hon Hai Precision remains a "Buy," as its AI servers, smartphones, and EV units exhibit good growth potential. AI servers are set to become HNHPF's largest revenue driver by 2026, fueled by sovereign AI projects and share gains. Foldable iPhone production and accelerating EV outsourcing trends offer meaningful upside for HNHPF's consumer electronics and automotive divisions, respectively, in the mid-term.
Foxconn used its annual tech event to announce a partnership with ChatGPT maker OpenAI. The Taiwanese manufacturer announced new partnerships with OpenAI, Nvidia and Alphabet's Intrinsic to strengthen its AI supply chain role.
OpenAI just locked in a heavyweight manufacturing partner for its next phase of AI sprawl: Foxconn. The world's biggest electronics contractor, known for assembling iPhones and building Nvidia's hottest AI servers, will co-design and build the physical backbone of OpenAI's data centres in the U.S.
Foxconn Chief Strategy Officer Jun Seki on Friday showcased the company's "Model A" electric vehicle at the Taiwan contract chip manufacturer's tech day in Taipei.
Foxconn Chairman Young Liu said on Friday the company now had the capability to manufacture 1,000 artificial intelligence racks per week, and it expected that rate to increase next year.
Foxconn will collaborate with U.S.-based OpenAI to design and engineer data center racks, components, and other artificial intelligence hardware, the Taiwanese company said on Thursday, as both firms seek to capitalize on booming demand for AI infrastructure.
Hon Hai Precision Industry Co., Ltd. (OTCPK:HNHAF) Q2 2025 Earnings Conference Call August 14, 2025 3:00 AM ET Company Participants Chiu-Lien Huang - Chief Financial Officer James Wu - Corporate Participant Investor Relations Associate - Corporate Participant Kathy Yang - Rotating CEO Kristen Fang Greetings, fellow investors and journalists.