Foxconn Navigates Tariff Troubles, Sees AI Server Boom

2025-03-14
Foxconn Navigates Tariff Troubles, Sees AI Server Boom

Foxconn CEO Young Liu revealed that US tariffs are causing significant headaches for tech giants like Apple and Amazon. In response, Foxconn's clients are increasingly planning US-based manufacturing collaborations to mitigate tariff impacts. While the consumer electronics business faces challenges, Foxconn's AI server segment is booming, with Q4 revenue up 78% year-on-year and projected to more than double this quarter. This growth is fueled by rising demand from smaller companies developing their own LLMs.