Foxconn targets NT$7 trillion revenue for 2025 on AI momentum

Foxconn (Hon Hai Technology) Chairman Young Liu projects the company’s revenue to exceed NT$7 trillion (US$212 billion) in 2025, with the potential to reach NT$8 trillion (US$243 billion) based on market conditions. During a groundbreaking ceremony on February 12, 2025, Liu attributed this optimistic forecast to the robust growth in AI server demand, which he described as the company’s “second leg” of growth.

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AI drives mobile brands to carve out competition, Taiwan’s market share heats up in 2025

In 2024, Taiwan’s smartphone shipments are projected to surpass 5 million units, driven by the expanding influence of generative AI technologies. Despite the challenges of inflation, increasing market penetration, and longer replacement cycles, the demand for AI smartphones continues to grow. With brands introducing more models and implementing innovative AI features like AI agents, the total smartphone shipments in Taiwan are expected to increase by 3-5% compared to 2024, although market share among brands is expected to experience more significant fluctuations.

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Trump’s first-term SiC squeeze catalyze China’s industry growth

US President Donald Trump’s first-term restrictions on silicon carbide (SiC), intended to limit China’s access to the crucial third-generation semiconductor material under national security concerns, have had an unintended effect: catalyzing unprecedented growth in China’s domestic SiC industry. By the start of Trump’s second term in 2025, Chinese manufacturers had developed capabilities that could fundamentally alter the global SiC landscape.

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