GoKawiil
Tech News
Foxconn Chairman Young Liu told CNBC the company aims to grow its AI server market share from roughly 40% today to about 45% next year and 50% within a couple of years. Liu said Foxconn's production capacity is fully booked for at least 18 months, driven mainly by AI model developers and cloud providers, and that AI infrastructure could make up 60-65% of revenue within three to five years.
Nikkei Asia reports that HP, Asus, and Acer have returned portions of their manufacturing capacity to China after years of diversifying elsewhere, as AI-driven memory shortages pushed memory prices up roughly 500% in a year. Rather than using established partners like Foxconn, which have shifted focus to AI data centers, the PC makers are contracting with smaller Chinese manufacturers such as Luxshare, Huaqin Technology, and Longcheer Technology.
Foxconn has agreed to acquire a 50% stake in Mitsubishi Electric's automotive equipment unit, Mitsubishi Electric Mobility, for $727 million through its investment arm Lin Yin International Investment. The deal covers products like alternators, starters, radar sensors and powertrain equipment, but excludes Mitsubishi Electric's power-semiconductor business. The companies plan to combine their technologies to build EV platforms in Japan, targeting Japanese automakers first before expanding overseas, with closing expected in October 2027 pending regulatory approval.
Taiwan's Electrical and Electronic Manufacturers' Association is raising at least $4 billion to build an industrial park in Texas, aimed at housing smaller suppliers that support chipmakers like TSMC and Foxconn. Economic Affairs Minister Kung Ming-hsin said the project will create a sustainable supply chain open to American firms and local workers, not just Taiwanese companies. The government plans loan guarantees and help with visas and permits, and says it may build more than one site, each costing $2-4 billion.
Citing an unnamed insider, Jiemian News reports that Foxconn's final assembly yield rate for Apple's new foldable iPhone Duo stood just above 60% as of September 17, with full production maturity possibly six months to a year away. Samsung Display is said to be struggling separately with low yields on foldable OLED panels and hinges, reportedly due to late design changes, while Apple's 2026 production target is pegged at six to eight million units against sales guidance of over five million.
Saudi Arabia's Public Investment Fund and Foxconn have unveiled Ceer, the kingdom's first domestic car brand, showcasing an Exobot sedan and SUV built with falcon-style 'Shahin Wing' doors. The company plans to release seven vehicles, including hybrids, by 2030, initially targeting the Gulf Cooperation Council market before considering wider expansion.