Foxconn

Foxconn Senior Vice President Benjamin Ting announced at the 2024 Hon Hai Technology Day that Foxconn plans to build the world's largest NVIDIA GB200 chip manufacturing plant in Mexico, although he did not disclose exactly where the facility will be built, Reuters reported today. Foxconn, currently a major supplier to Apple, is expanding its business to make other electronics. As demand soars for AI startups to train big models, which require a lot of computing power, Foxconn is looking to compete for new markets, and hitching a ride on NVIDIA's giant wheel is a natural first choice. This year ...

Foxconn and NVIDIA have announced a major partnership to create "AI factories" that will become powerful data processing centers to drive the manufacturing of next-generation products, especially in emerging areas such as electric vehicles. As the world's largest foundry electronics manufacturer, Foxconn (formally known as Hon Hai Technology Group) has been playing a key role in assembling electronics for the world's top brands, including Apple's iPhone. However, Foxconn has a broader vision for its business, with plans to go beyond electronics assembly and enter the highly competitive but rapidly expanding electric vehicle industry, which has been recognized over the past few years in the "Hon Hai...