Foxconn and other gadget-makers are expanding their empires
The world’s contract manufacturers are moving into new products and places
Foxconn, a Taiwanese electronics manufacturer, is best known for making iPhones in China. Yet in October it announced plans to build a megafactory in Mexico that will churn out servers made with artificial-intelligence (AI) chips from Nvidia, a semiconductor giant. To meet the roaring demand for AI, the plant’s capacity will be, as Young Liu, Foxconn’s chairman put it, “very, very enormous”.
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This article appeared in the Business section of the print edition under the headline “Beyond the iPhone”
Business January 11th 2025
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