Foxconn to spend up to $3 billion a year on AI, chair sees China EV shakeout
Published on: Nov. 21, 2025, 7:11 a.m. | Source: The Economic Times
Foxconn plans to invest up to three billion dollars each year in artificial intelligence. The world's largest electronics maker anticipates a significant consolidation in China's electric vehicle sector soon. Foxconn is also in discussions with the Japanese government regarding potential investments in artificial intelligence and electric vehicles. This strategic shift prioritizes AI infrastructure and technology development.
