Foxconn and other gadget-makers are expanding their empires
The world’s contract manufacturers are moving into new products and places
Foxconn, a Taiwanese electronics manufacturer, is best known for making iPhones in China. Yet in October it announced plans to build a megafactory in Mexico that will churn out servers made with artificial-intelligence (AI) chips from Nvidia, a semiconductor giant. To meet the roaring demand for AI, the plant’s capacity will be, as Young Liu, Foxconn’s chairman put it, “very, very enormous”.
Explore more
This article appeared in the Business section of the print edition under the headline “Beyond the iPhone”
Business January 11th 2025
- A new electricity supercycle is under way
- Will Mark Zuckerberg’s Trump gamble pay off?
- Alcohol-free drinks are becoming big business
- America’s internet giants are being outplayed in the global south
- Foxconn and other gadget-makers are expanding their empires
- What next for US Steel?
- The signals of workplace submissiveness
- Meet the ambitious wolf cubs of Wall Street
From the January 11th 2025 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Business
Meet the ambitious wolf cubs of Wall Street
A duo of whippersnappers is taking on Goldman Sachs
What next for US Steel?
The faded industrial icon has few good options without a Nippon deal
The signals of workplace submissiveness
Deference is all around you, unfortunately
America’s internet giants are being outplayed in the global south
From e-commerce to online banking, regional competitors are innovating rapidly
Will Mark Zuckerberg’s Trump gamble pay off?
He risks making enemies elsewhere
Alcohol-free drinks are becoming big business
But will they ever be as good as the real thing?