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

Key server builder expects accelerated investments in infrastructure

The Details

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.

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