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Foxconn boosts investments in India, Vietnam for AI servers

Foxconn has increased its investments in India and Vietnam to boost production for Apple products and AI servers.

In India, Foxconn purchased US$32.26 million worth of equipment from Apple Operations for AirPods production.

It plans to start manufacturing AirPods in Hyderabad, marking its second Apple product production in India.

Foxconn’s subsidiary, Ingrasys, also invested US$23.40 million in Fulian Precision Technology in Vietnam to enhance AI server production.

Recent Foxconn developments

Timeline
26-Mar-2025 🏗️ Foxconn invests $142m in Texas for AI server hub
  • Foxconn invests $142M in Texas for AI servers.
  • Acquired 86.34 acres, 1M sq ft building in Houston.
21-Mar-2025 🚗 Foxconn to make Mitsubishi EVs in Taiwan
  • Foxconn to produce EVs for Mitsubishi Motors.
  • Initial cars targeting Australia and New Zealand markets.
06-Mar-2025 📈 Foxconn’s first two month revenue jumps 25%
  • Foxconn’s revenue up 25% in early 2025
  • AI server demand drives significant growth
11-Feb-2025 📈 Foxconn reports strong January sales, expects Q1 growth
  • Foxconn reports NT$538.67B sales in January.
  • Strong AI server demand drives year-on-year growth.
05-Jan-2025 🤖 Foxconn partners with Nvidia to develop humanoid robots
  • Foxconn partners with Nvidia for humanoid robots.
  • Kaohsiung to be central hub for robot development.

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