Foxconn has invested heavily in AI, and earlier this month secured a deal to exclusively supply Apple’s AI servers from a factory in Vietnam. The company has established a wide lead in the global AI race and accounts for 40% of the global AI server market. Foxconn provides AI services for prominent tech companies such as Apple, Nvidia, Google-parent Alphabet, and OpenAI, the creator of ChatGPT.
Foxconn is Apple’s biggest supplier of parts and electronics, supplying the circuit boards and electrical equipment that makes the tech giant’s flagship products—everything from iPhones to Mac computers.
Not only does Foxconn assemble Apple products, it also supplies the tech giant’s data center servers that power AI applications. As Apple’s demand for AI increases, its partnership with Foxconn could become even more valuable.
