Foxconn chairman Young Liu says the company could supply 50% of the global AI server market within a couple of years. He says customers have already reserved all its production capacity for at least a year and a half.
Foxconn, formally known as Hon Hai Precision Industry, currently holds around 40% of the global AI server market, according to chairman Young Liu. He told CNBC that its share could reach around 45% next year before rising to 50% within a couple of years.
Best known for assembling Apple's iPhones, Foxconn has increasingly made AI infrastructure a growth priority. Liu said AI model developers and cloud providers have driven most demand so far, with adoption by governments and enterprises still lagging.
Foxconn also plans to expand manufacturing in the United States, initially focusing on higher-margin AI server racks and data centre equipment because of higher production costs. For companies planning their own AI infrastructure, the booked capacity makes equipment availability an important procurement question. The expansion remains a plan, rather than evidence that additional supply is ready.
The market-share targets remain unproven and do not establish that more AI server capacity is available to customers.
Fully booked production makes delivery schedules a practical concern for companies planning AI infrastructure.
The planned US expansion does not yet show that Foxconn can overcome higher manufacturing costs there.
Written automatically by the Made in 10 Newsroom from the source above.
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