TAIPEI (Taiwan News) — Foxconn confirmed Tuesday that it secured two factory leases in Houston, Texas worth NT$1.7 billion (US$56.63 million) as part of a broader North American expansion.
The electronics maker said that its US subsidiary, Foxconn Assembly, signed agreements with TDC Innerbelt NW 34 Partners for two facilities totaling over 55,741.8 square meters, per CNA. The leases span more than 10 years and are intended to support operational growth.
The move comes on top of a US$33 million investment in November, when Foxconn Assembly acquired land and buildings in nearby Harris County. Both developments underline Foxconn’s deepening footprint in Texas to meet rising demand from AI clients.
Foxconn has previously said it expects capital expenditures to rise over 20% this year, with 60–70% allocated to capacity expansion in India, Vietnam, the US, and Mexico.
The company has been aggressively expanding its US footprint to meet client demand and respond to tariff policies from US President Donald Trump, per Anue. In late March, its subsidiary Ingrasys also invested US$142 million to acquire land and facilities in Houston.
In April, Nvidia announced it was partnering with Foxconn and Wistron to build a supercomputer hub in Texas. Mass production at the Houston and Dallas sites is expected to begin within 12 to 15 months.
