Foxconn held its shareholders' meeting at its Tucheng headquarters on the 29th. Chairman Liu Yang-wei reported that Foxconn has achieved more than one share of profit (EPS) for five consecutive years and set a new goal to earn more than two shares of profit annually. The primary driver of this growth is the expansion of AI applications. According to Liu, Foxconn holds over 40% of the AI server market, and AI rack shipments are expected to double this year. The company invests over 100 billion TWD annually in R&D, accelerating investments in next-generation technologies such as AI servers, electric vehicles, robotics, and space. Last year, revenue reached 8.1 trillion TWD, and profit hit 189.4 billion TWD, both reaching record highs.
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- Source: CNA (Central News Agency)
- Category: financial_news