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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’s 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, “We’re building the largest GB200 production facility on the planet.”
“The demand is awfully huge,” he added, at Foxconn’s 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 “very, very enormous” capacity but did not elaborate further.
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