Foxconn Technology is set to experience a robust 40% growth in AI server revenue for 2024.

Foxconn has held a shareholders’ meeting on May 31. Chairman Young Liu expressed optimism about the overall development of the AI market, stating that the revenue from the AI server business will soon surpass the trillion New Taiwan Dollar (NTD) mark. Subsequently, Liu expected that the AI server business will exceed the trillion NTD mark in 2025, which will also drive Foxconn’s overall revenue to surpass NT$7 trillion.

The Southeast Asian smartphone market is rebounding, with Canalys’ data showing that in the first quarter of 2024, smartphone shipments in Southeast Asia reached 23.5 million units, a 12% year-on-year increase. Transsion’s performance has been particularly notable, and the growth potential in the high-end market should not be overlooked as well.

鸿海董事长刘扬伟5月31日表示，6月后鸿海转投资的日本夏普（Sharp）将有新届董事会，鸿海将积极参与夏普经营事业，扮演更积极角色。