Taiwan's Foxconn has 'strong confidence' in 2027 due to AI demand

Supply Chain Taiwan's Foxconn has 'strong confidence' in 2027 due to AI demand Key server builder expects accelerated investments in infrastructure Foxconn Chairman Young Liu, center, told an investor conference after its earnings were released on Nov. 12 that its cloud and networking-related business, which has overtaken smartphones, now contributed half of total revenues. © Reuters LAULY LI November 12, 2026 19:35 JST TAIPEI -- Foxconn, the world's largest contract AI server maker, said it expects 2027 revenues to grow by double-digit percentages year on year, but warned that component shortages, highly volatile geopolitics, inflation and monetary policy would be the biggest uncertainties in the year ahead. Read Next Technology Key Nvidia supplier Foxconn downplays rising competition in AI servers Technology Foxconn chief downplays AI bubble concerns, sees strong 2027 growth Tech Asia Tech supply chain shrugs off AI slowdown calls as demand booms Tech Asia HP and Asus shift some PC making back to China due to AI-driven cost hikes Supply Chain China's curbs on tungsten used in drill bits squeeze AI supply chain Interview Taiwan chipmaker CEO warns memory price rises are unsustainable Latest on Supply Chain Supply Chain Japan eyes state takeover of aging plants making critical materials Supply Chain 3 workers die at Tata's India iPhone parts factory during maintenance work Supply Chain Integration among ASEAN, China, Japan, South Korea boosted by AI boom Sponsored Content About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.