Foxconn to Manufacture AI Servers in India, Expanding Beyond iPhones

Foxconn, the Taiwanese giant known for assembling Apple’s iPhone, is set to begin producing AI servers at its Tamil Nadu facilities in India, expanding beyond smartphones. \r

Already a major player in the AI server market for companies like Amazon and Google, Foxconn aims to grow its market share from 30% to 40% this year. This move aligns with Foxconn’s strategy to diversify into high-margin products like AI servers and EV components. The company is also investing Rs 1,200 crore in a new factory and $37.2 million with HCL Group for a chip packaging facility. \r

Despite facing allegations of discriminatory hiring practices, Foxconn’s expansion in India reflects a broader shift towards AI and EV markets.