TAIPEI (Taiwan News) — Foxconn Chair Young Liu (劉揚偉) projected the company’s revenue will continue to grow due to rising AI demand, which will also drive orders for its AI data center solutions segment, CNA reported.
At an investor conference on Friday, Liu said Foxconn made significant progress in its transition toward AI development last year. The company reported record results for the year, with revenue reaching NT$8.1 trillion (US$253 billion) and net profit of NT$189.4 billion, driven mainly by its AI-related businesses.
Liu said the company will distribute a cash dividend of NT$7.2 per share this year, up from NT$5.8 per share last year, marking a record high since its listing in 1991.
Foxconn holds more than 40% of the global AI server market, with demand in the segment expected to keep rising, Liu said. The company has secured orders for AI servers and server rack assemblies from major global cloud service providers, including Microsoft, AWS, Google, and Meta.
Foxconn is also a key partner of Nvidia, manufacturing Nvidia’s GB200 AI servers and beginning production on its next-generation Vera Rubin super AI computing platform. Liu said the two companies are building an advanced computing center powered by AI superchips at the Kaohsiung Software Technology Park.
Foxconn plans to start shipping its silicon photonics switches in the third quarter of this year, the company said. The company expects to deliver about 10,000 units this year, with shipments potentially doubling next year.
Liu said the devices combine semiconductor manufacturing with optical communication technology. The devices integrate optical components onto chips to replace traditional copper wiring in AI servers, reducing power consumption and heat issues.
Liu highlighted that Foxconn provides end-to-end AI infrastructure solutions, spanning key components, module design, liquid cooling technology, and full rack integration.
He added Foxconn plans to boost its R&D spending this year by more than 30% compared with last year’s NT$170 billion. The increased investment will focus on strengthening its presence in AI infrastructure, EVs, and robotics for smart manufacturing.
The company has expanded its EV business across vehicle manufacturing, key component production, and hardware-software integration. It has also partnered with Mitsubishi Motors on vehicle design and contract manufacturing to support overseas expansion.
Its subsidiary Foxtron has produced models including the Model C and Model B. Last year, it acquired the Luxgen brand from Yulon Motor and launched the new Bria model.
