Foxconn eyes 40 percent global AI server market share

Taiwanese tech giant Foxconn said Friday its global market for artificial intelligence servers is expected to increase to 40 percent this year, with AI products being the main driver for growth. Foxconn—known officially as Hon Hai Precision Industry—is the world’s biggest contract electronics maker and builds devices for several global brands, most notably Apple’s iPhone. It has also moved to diversify beyond electronics assembly, pushing into areas ranging from electric vehicles to semiconductors and servers. Chairman Young Liu said at an annual shareholders’ meeting in Taipei that the company was Read More

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