Foxconn chairman expects robust revenue growth from AI, EVs despite US tariff uncertainty
The information and communication technology business would maintain steady performance while AI demand in edge computing and server applications created significant momentum, Liu said.
The EV segment represents the biggest growth opportunity as product launches advance and Foxconn's customer base expands. Beyond an existing partnership with Mitsubishi Motors, negotiations with a second Japanese carmaker are nearing completion with an announcement expected soon, according to Liu.
Young Liu, chairman of Foxconn, speaks during the company's annual shareholder meeting on Thursday. Photo: AFP
The company was also exploring partnerships with two other carmakers, he added.
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