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  • 4 months ago
Taiwanese electronics manufacturing giant Foxconn is adding an additional US$168 million investment to its AI server production facilities in Mexico. At the same time, it appears to be scaling back some of its operations in India, possibly due to China's concern over technology transfers.

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00:00Taiwan electronics manufacturing giant Foxconn is widening its global footprint,
00:04investing an additional 168 million U.S. dollars in its Mexican operations.
00:10Mexico is home to a new AI server production facility owned by Foxconn Industrial Internet.
00:16Observers see the move as a push to boost capacity to meet rising North American demand.
00:22Meanwhile, Foxconn reportedly recalled hundreds of Chinese engineers from a factory in India,
00:27possibly due to China's concerns over technology transfers.
00:31The move marks a setback in its expansion plans there.
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