Taiwan's Foxconn, Apple's main iPhone assembler, plans to invest 1 billion yuan in a new tech headquarters in Zhengzhou, China, for AI server demand growth.
Taiwan's Foxconn, the world's largest contract electronics maker and Apple's main iPhone assembler, plans to invest 1 billion yuan ($137.5m) to construct a new business headquarters in Zhengzhou, China. The 700-acre project, signed with the Henan provincial government, will focus on new technology and core research. Foxconn is benefiting from strong AI server demand, with customers including Nvidia.
July 24, 2024
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