Taiwan’s Foxconn predicts huge growth in AI server business

TAIWANESE tech giant and key Apple supplier Foxconn predicts three-digit growth for its artificial intelligence server business due to robust demand for AI products such as ChatGPT, its chairman said today.  

Foxconn – known officially as Hon Hai Precision Industry – is the world’s biggest contract electronics manufacturer and assembles devices for many international brands, most notably Apple’s iPhone products.