TAIPEI (Taiwan News) – Foxconn Technology Group will increase its number of employees in the US from 8,000 to more than 10,000 by the end of the year, group Chair Young Liu (劉揚偉) said Tuesday.

The Taiwanese business leader was speaking at the Hill and Valley Forum, an event organized by a private bipartisan group of legislators and innovators in Washington, D.C. Before the end of 2026, Foxconn was also likely to earn revenue totaling NT$3.2 trillion (US$100 billion), he said.

Liu said that with the success of AI, robot technology, and the expansion of Foxconn in the US, anything was possible, per CNA. The company was present at 50 locations in 18 states, he added.

Liu said Foxconn accounted for 44% of all ICT equipment manufacturing in the world, while its market share for AI servers had exceeded 40%. On a global scale, Foxconn owns 233 manufacturing units in 24 countries, good for an annual revenue of about NT$8.3 trillion.

As a reason for the group’s expansion in the US, Liu named the impact of AI. Production lines used to need 30 to 40 workers, now only five are needed, he said. 

In the past, the company required many experienced hardware engineers and technicians, but those categories were in short supply in the US, so AI and robots could make up for the shortage, according to Liu.