Projecting confidence ahead of the polls, Banerjee asserted that the TMC would secure a comfortable victory. “We will win more than 226 seats in the 2026 assembly polls,” she said. The Trinamool Congress on Tuesday unveiled its candidate list for the upcoming West Bengal Assembly elections
At least 10 persons charred to death in a truck-bus collision in Andhra PradeshThe accident occurred near Rayavaram village between 6:00 am and 6:30 am, according to preliminary information gathered by the police. Updated on: Mar 26, 2026 8:00 AM IST By Srinivasa Rao Apparasu Share via Copy link At
The new labour laws under the OSH Code, 2020 are set to change how companies manage employee leave, introducing a 30-day carry forward cap, mandatory encashment of excess leave, and stronger safeguards against leave denial—aimed at ensuring workers don’t lose their entitled time off
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.Late night streaming feels better with these top 5 bedroom smart TVsFind the best smart TVs for your bedroom with options that balance size, sound, and picture quality
The rules are even stricter for Pradhan Mantri Ujjwala Yojana beneficiaries. For PMUY consumers, the waiting period has gone up by 20 days, now standing at 45 days. New Delhi: Indian Oil Corporation has revised the mandatory waiting period for households with two-cylinder connections from 25 days
Taiwan's Foxconn, which rose to become a global tech manufacturing juggernaut by assembling millions of iPhones, can now say its main business is no longer Apple as it takes advantage of the AI-boom to diversify its income. Its revenue from making AI servers and other cloud and networking products, including for major customer Nvidia, surpassed smart consumer products such as iPhones for the first time in the second quarter, marking the culmination of a shift that began years ago and has swept through Taiwan's tech industry.
Foxconn’s Apple era fades as AI servers drive growth in Taiwan tech sector
Taiwan's Foxconn, which rose to become a global tech manufacturing juggernaut by assembling millions of iPhones, can now say its main business is no longer Apple as it takes advantage of the AI-boom to diversify its income.
Its revenue from making AI servers and other cloud and networking products, including for major customer Nvidia, surpassed smart consumer products such as iPhones for the first time in the second quarter, marking the culmination of a shift that began years ago and has swept through Taiwan's tech industry.
Foxconn's heavy reliance on the smartphone business has long been viewed by investors as a significant risk, as demand growth for new iPhones has gradually weakened since they were first introduced nearly two decades ago, leaving the top iPhone assembler grappling with slowing sales momentum, analysts said.
Wary of the risk, Foxconn Chairman Young Liu has been championing new businesses such as AI servers, electric vehicles and semiconductors since taking the top job in 2019.
While its expansion into EVs and chips has yet to show a meaningful contribution to its topline, Foxconn's success in AI server manufacturing (the company is Nvidia's biggest server maker) is the result of its early bets before the technology was thrust into the limelight with the advent of ChatGPT in late 2022.
Consumer electronics accounted for 35% of Foxconn's total revenue in the second quarter, while cloud and networking business represented 41%. In 2021, consumer electronics represented 54% of its revenue.
The firm's prudent wagers years back helped it cultivate a now-prized relationship with the U.S. AI chip firm and other major AI players, analysts said.
"The company has been in the business for years, meeting higher quality requirements, diversifying assembly and operations across sites, and pursuing vertical integration,” said Ming-Chi Kuo, an analyst at TF International Securities.
Foxconn began producing reference designs for Nvidia's graphics cards around 2002 and started making general-purpose servers for cloud service providers' data centres as early as around 2009. Its AI server business with Nvidia is in many ways the culmination of that history, analysts said.
Foxconn says it is now one of the world's largest suppliers of both general-purpose and AI servers, with a market share of nearly 40% in each.
The company has also shown a willingness to commit investment to a project at an earlier stage than other companies, Kuo said, citing its past investments for Apple and similar moves for Nvidia. “In long-term partnerships, Foxconn is more willing to take the initiative,” he said.
Foxconn's plan to build factories in Houston, Texas — part of Nvidia's $500 billion U.S. investment plan — and in Mexico to produce AI servers for the U.S. client underscores this strategy, analysts said.
Foxconn now expects its AI server revenue would grow more than 170% in the third quarter year-on-year.
Foxconn and Nvidia declined to comment. Apple did not respond to request for comment.
The shift at Foxconn mirrors a broader trend in Taiwan's technology sector, where companies once centred on consumer electronics — such as Foxconn with iPhones, and Quanta Computer and Wistron Corp with notebooks — are now investing heavily in AI servers.
Nvidia partner Wistron's revenue for January to July rose 92.7%, while Quanta's grew 65.6% in the same period.
"The monthly sales jump for Taiwan ODMs in the first half of 2025 is evidence of this trend,” said Robert Cheng, head of Asia technology hardware research at BofA Global Research, referring to original design manufacturers like Foxconn that contract manufacture products for their clients.
Their fast transition into AI servers is also the result of Taiwanese tech supply chain working closely with U.S. tech giants on data centre infrastructure work for a decade now, according to Chris Wei, industry consultant at Taiwan's Market Intelligence & Consulting Institute.
He estimates Taiwan accounts for about 80% of global server shipments and more than 90% of AI servers.
Cheng agrees.
"We think this shift toward AI servers, whatever form it takes, is good for Taiwan's tech industry," he said, noting Taiwanese firms' ability to rapidly shift to cater to changing needs from their customers.
Published - August 19, 2025 10:01 am IST
technology (general) / internet / Artificial Intelligence / process industry
Source: The Hindu
Related Posts: Foxconn to invest $510 million in Kaohsiung headquarters in Taiwan Rose Parade, Ball Drop weather PGA Tour success vindicates rejecting LIV - Rose US unemployment rose in November to a four-year high Guar seed futures rose on higher bets Alia says it was never a ‘rose-tinted glasses sort of relationship’ with Ranbir How This City In India Bottles The Scent Of Rain And Rose For The World Kate Middleton wore Strathmore Rose tiara in 2023 Indian man in Singapore says salary rose 5 times but happiness fell sharply Shares of THIS Company Rose From Rs 10 to Rs 9000 In Last 10-Months
With just days left until submissions close on March 29, the ET AI Hackathon 2026 enters its most decisive stretch. Shortlisted teams are now deep in development, refining prototypes under real constraints. The focus has shifted entirely to execution, where clarity, functionality
1 days ago
Quote of the day, 26 March: “I don't think I'm a very emotional person. I'm a very practical person. I like to keep things simple,” MS Dhoni. Meaning of quoteThis quote from MS Dhoni offers a direct glimpse into his core philosophy.Quote of the day
1 days ago
Priyanka Chopra clicks pictures with fans as she lands in India; heads to Amritsar for ‘another adventure’Priyanka Chopra was recently spotted at the Delhi airport, happily posing for fans and the paparazzi before heading to Amritsar. Mar 26, 2026
1 days ago
A 22-year-old woman from the United Kingdom is thinking about moving to Bengaluru after getting a job offer. Before making a decision, she reached out online to understand what life in the city might be like, especially for someone her age. She shared that her main worries are safety and feeling
1 days ago
Paresh Raja’s £200,000 watch raised red flags years before £1.3-billion MFS collapseIn 2019, Paresh Raja, the man behind MFS, turned up to meetings wearing a Richard Mille timepiece worth upwards of £200,000. Updated on: Mar 26, 2026 7:11 AM IST By Sanya Jain Share via Copy link Years before
1 days ago
The Uttar Pradesh Police has booked All India Majlis-e-Ittehadul Muslimeen’s state unit chief Haji Shaukat Ali for making allegedly provocative remarks during an Eid event in Meerut, The Indian Express reported on Wednesday. Three of the party’s office-bearers have also been arrested for
1 days ago
Tamil Nadu’s main opposition party, AIADMK, on Wednesday released its first list of 23 candidates for the State Assembly polls, with party chief Edappadi K Palaniswami set to contest from his home constituency of Edappadi. In Tamil Nadu, the polling will be held in a single phase on April 23 to
1 days ago
Manchester United boss Marc Skinner knows going to Germany and overturning a 3-2 first-leg deficit against Bayern Munich in the Champions League will test his side like never before. But he refuses to believe it is a task beyond them. Skinner rejected claims his side were naive in not shutting the
1 days ago
India will champion food security and farmer welfare at the upcoming WTO conference in Cameroon. The nation will advocate for developing economies' policy space in digital trade and investment. Discussions will cover WTO reform, e-commerce, and fisheries subsidies
1 days ago
Mohamed Salah's long goodbye from Liverpool signals the end of a glorious era and leaves the Premier League giants facing another expensive rebuild. The Egyptian superstar announced on Tuesday that he would be leaving Anfield at the end of the season after a glittering nine-year spell at the club
1 days ago
As per the report, a senior Congress leader confirmed that the notices were received a few days ago, giving the party limited time to respond. The development has caused concern within the party, with leaders acknowledging that the situation has become more urgent than before.As per the report
1 days ago
US president Donald Trump says he will meet Chinese president Xi Jinping in China on 14-15 May, after delaying the landmark trip amid the US-Israel war with Iran. This would be the first visit to China by a US president in nearly 10 years. Trump is also set to host Xi in Washington DC later this
1 days ago
Carlo Ancelotti reacts to Neymar selection debate as Brazil legends rally amid World Cup snub fears Updated on: Mar 26, 2026 7:10 AM IST Written by Aratrick Mondal Share via Copy link Carlo Ancelotti had his say on Neymar World Cup debate Key Takeaways Summary is AI-generated Brazil head coach
1 days ago
Queen Camilla is to appear in a BBC documentary about the life-changing power of books. The Queen will reflect on the childhood experiences that sparked her passion for reading and reflect on the comfort she still finds in books. In what programme-makers describe as a "special and intimate
1 days ago
The bombs, the stranded ships and LPG shortages have made it to the headlines. The acid rain, the oil spills and the carbon cost of rerouting ships remain hidden in plain sight. Four weeks ago, the US and Israel launched airstrikes on Iran. Since then
1 days ago
NCP(SP) leader Rohit Pawar alleged that Praful Patel and Sunil Tatkare attempted to seize control of the NCP after Ajit Pawar's death by falsely claiming constitutional amendments to the ECI. Sunetra Pawar reportedly thwarted this plan by writing to the ECI
1 days ago
State-run Bharat Petroleum Corporation Ltd (BPCL) on Wednesday dismissed rumours of petrol and diesel shortages, assuring that fuel supplies across the country remain adequate and supply chains are functioning smoothly. In a public advisory, the company said it is fully operational and committed to
1 days ago
Samsung Galaxy A57 5G and Galaxy A37 5G mobiles launched in India: Check specs, features and priceSamsung has launched Galaxy A57 and A37 in India, bringing new AI features, camera updates, and long-term software support to everyday smartphone users. Published on: Mar 25
1 days ago
Trump names Jensen Huang, Mark Zuckerberg to 13-member tech councilThe President's Council of Advisors on Science and Technology (PCAST) could ultimately include 24 people. Published on: Mar 25, 2026 7:11 PM IST By HT Business Desk Share via Copy link US President Donald Trump plans to appoint Mark
1 days ago
Warner Bros. Discovery has officially unveiled the first teaser, title and release date of its much-anticipated Harry Potter television series. Announced at a special event in London marking the launch of HBO Max in the region, the series will debut globally on Christmas Day 2026.Warner Bros
1 days ago
NHAI to take over MG Road stretch, plans upgrade and interchange at Iffco5.5km corridor to be revamped with repairs and traffic solutions; stretch part of NH148A linking Delhi and Gurugram. Updated on: Mar 26, 2026 7:56 AM IST By Abhishek Behl Share via Copy link The National Highways Authority of
1 days ago
Aryna Sabalenka and Elena Rybakina to clash again in Miami Open semi-final Published on: Mar 26, 2026 7:22 AM IST AFP Share via Copy link Aryna Sabalenka celebrates winning her match against Hailey Baptiste in the quarter finals of the women’s singles at the Miami Open at Hard Rock Stadium (IMAGN
1 days ago
One player cannot replace Gareth Bale – Wales' greatest is simply irreplaceable – but Harry Wilson is giving the impossible job a pretty good go. It is difficult to overstate the void Bale left. More international goals and appearances than any other Welshman
1 days ago
US officials are considering a plan to seize Iran’s Kharg Island, a crucial oil export hub through which roughly 90 per cent of the country’s crude shipments pass, according to a Reuters report. The development underscores the widening scope of military options being examined as the conflict
1 days ago
Dhurandhar: The Revenge isn’t just trending for its box office numbers; it is also giving people a lot to talk about, especially when it comes to its characters. The film has been surrounded by chatter, from being called a “propaganda" film to theories about which real-life personalities
1 days ago
“My mother is so rare, even her eyes are green. Grace, strength, and love, you are everything,” Sonam Kapoor wrote. Sunita Kapoor celebrated her birthday on March 25, with warm wishes pouring in from family and the film industry. Among them, Sonam Kapoor took a nostalgic trip down memory lane
1 days ago
The Indian rupee fell to a record low, breaching the 94-mark against the United States dollar. The currency slumped 29 paise to close at a record low of 94.05 as the outflow of foreign funds continued amid the conflict in West Asia. A drop in global crude oil prices and positive sentiments in the
1 days ago
