link bet88Foxconn boosts Vietnam investment, expands AI server production

The giant Taiwanese manufacturing conglomerate, Hon Hai Technology Group, commonly known as Foxconn, is significantly increasing its investments link bet88 Vietnam.

According to information from Channelnewsasia, this move is reportedly aimed at expanding production capacity for artificial intelligence (AI) servers, a sector experiencing strong global growth.

Specifically, link bet88 a recent statement, Foxconn announced it has injected an additional .40 million into Fulian Precision Technology Component, a subsidiary link bet88 Vietnam, through its unit Ingrasys (Singapore) Pte. Ltd. This is considered a long-term investment, demonstrating Foxconn's commitment to developing its manufacturing presence link bet88 Vietnam.

Previously, Ingrasys – a Foxconn cloud solutions provider – had already invested approximately .96 million link bet88 Fulian Precision. This company was established link bet88 2023 link bet88 the Quang Chau Industrial Park, Viet Yen District, Bac Giang Province. Fulian Precision specializes link bet88 manufacturing products such as servers, server racks, and communication equipment. With these successive investments, Foxconn is progressively building a significant manufacturing hub link bet88 Vietnam.

link bet88 February, Foxconn, through its subsidiary New Wing Interconnect Technology (Bac Giang) Co., Ltd., also acquired a 25% stake link bet88 Goertek Electronics Vietnam for million.

Foxconn is currently expanding its AI server production capacity not only link bet88 Vietnam but also link bet88 other destinations, including Taiwan, the United States, and Mexico. The goal of this strategy is to provide flexibility link bet88 adjusting the production of high-end AI servers to meet the fluctuating demands of the global market.