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iPhone maker Foxconn plans mega-factory in Mexico
10 October 2024
Image: Robert via AdobeStock - stock.adobe.com
Taiwanese electronics assembler Foxconn, best known for assembling iPhones and iPads for Apple, is set to open a huge new facility in Mexico.
The new facility will produce the GB200, a key component of technology company Nvidia鈥檚 next-generation Blackwell computing platform.
The Blackwell platform is hugely in demand amid the boom in artificial intelligence (AI) and Foxconn, a contract manufacturer, has moved into making AI servers, which has helped propel its latest quarterly profits up 6% year on year to US$1.1 billion.
Foxconn senior vice president Benjamin Ting said, 鈥淲e鈥檙e building the largest GB200 production facility on the planet.鈥�
鈥淭he demand is awfully huge,鈥� he added, at Foxconn鈥檚 annual tech day in Taipei, Taiwan.
Foxconn already has a large manufacturing presence in Mexico and has invested more than $500 million to date in the state of Chihuahua, according to Reuters.
Foxconn chairman Young Liu said the new plant in Mexico would offer a 鈥渧ery, very enormous鈥� capacity but did not elaborate further.
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