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Foxconn Faces EV Challenges While Expanding AI Server Business Insight

Last Update 20 November 2024

Foxconn expects significant growth in its AI server business in 2024, forecasting AI servers to account for 50% of its server revenue. Amid trade tensions, it plans to expand investments in the U.S., Mexico, and India. The company anticipates taking 40% of the global AI server market while facing challenges in the electric vehicle sector due to slowing demand.

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2023

BIS Unveils New Standards to Boost Electric Vehicle Safety and Quality

Coal Production from captive & commercial coal mines escaleted by 35% in Apr-Jun

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