Foxconn's Young Liu says AI demand to boost server business

Chairman says iPhone assembler is racing to stay ahead of Chinese rivals

20230531 Foxconn

Foxconn Chairman Young Liu, center, attends the company's annual shareholder meeting in New Taipei City on May 31. (Photo by Lauly Li)

LAULY LI, Nikkei Asia tech correspondent

NEW TAIPEI CITY, Taiwan -- Foxconn, the world's largest contract electronics manufacturer, estimates its revenue from artificial intelligence servers will more than double this year thanks to skyrocketing demand from generative AI applications such as ChatGPT.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.