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Foxconn of Taiwan Targets 2026 Growth Driven by AI Server Surge Amid Geopolitical Risks
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Foxconn bets on AI server boom for 2026 growth despite geopolitical volatility
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Firstpost
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16-03-2026, 15:57
Foxconn bets on AI server boom for 2026 growth despite geopolitical volatility
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Foxconn expects the booming AI server market to drive strong growth in 2026, despite global conflict.
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The company's 2025 net profit jumped to NT$189.4 billion ($5.9 billion), with revenue up 18% to NT$8.1 trillion.
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Foxconn is shifting focus from assembling Apple iPhones to making AI servers for Nvidia, electric vehicles, and robotics.
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Cloud and networking services now account for 40% of Foxconn's business, while smart consumer electronics declined to 38%.
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Memory chip shortages and price hikes are a concern, but Foxconn's high-priced models limit the impact on its business.
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