FILE PHOTO: Young Liu, Chairman of Hon Hai Technology Group (Foxconn), delivers a keynote speech at Computex in Taipei, Taiwan May 20, 2025. REUTERS/Ann Wang/File Photo
TAIPEI (Reuters) -Taiwan's Foxconn, which rose to become a global tech manufacturing juggernaut by assembling millions of iPhones, can now say its main business is no longer Apple as it takes advantage of the AI-boom to diversify its income.
Its revenue from making AI servers and other cloud and networking products, including for major customer Nvidia, surpassed smart consumer products such as iPhones for the first time in the second quarter, marking the culmination of a shift that began years ago and has swept through Taiwan’s tech industry.
