Foxconn has announced a new phase of transformation and modernization, marking a significant step forward in its strategic development. The company is now placing greater emphasis on the industrial Internet and artificial intelligence (AI) sectors. Reports indicate that Foxconn will also establish research facilities for industrial robots in the United States, further expanding its global footprint.
According to foreign media reports, on February 2nd, Lu Fangming, Executive Vice President of Foxconn Group, stated during a press conference: "Our investment in R&D and technology will not be weak. We are committed to strengthening our presence in AI and the industrial Internet. We plan to invest NT$10 billion (approximately US$340 million) in these areas over the next few years."
In recent years, artificial intelligence has emerged as a major trend in the tech industry, with nearly all leading tech companies investing heavily in AI, machine learning, and related fields. Foxconn seems determined not to miss out on this opportunity.
Lu Fangming also mentioned that while Foxconn has already formed an AI R&D team, it still faces a shortage of skilled personnel and plans to recruit more talent in the coming months.
Additionally, Terry Guo, Chairman of Foxconn, announced the establishment of an AI application and industrial Internet research institute. The company will also set up industrial robot research centers in Shenzhen, Taipei, and the U.S., highlighting its global expansion strategy.
Currently, Foxconn has deployed 60,000 robots in its manufacturing base in China, with plans to scale up to 200,000 units in the future. This move reflects the company's ongoing efforts to automate and optimize production processes.
On January 31, Foxconn held an extraordinary shareholders' meeting, where it approved the listing of its subsidiary, "Foxconn Industrial Internet Co., Ltd.," on the Shanghai Stock Exchange. The company’s business will focus on industrial Internet and robotics. This marks the first time that Foxconn has listed its assets on the Chinese mainland stock market, signaling a major milestone in its evolution.
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