Foxconn has made its first move into Africa. On Wednesday, the Taiwanese tech giant revealed a new acquisition through its subsidiary FIT Hon Teng. This move marks a bold expansion into the African market. The announcement came during a forum at Computex, where company spokesperson James Wu addressed the media.
Wu explained that this expansion supports Foxconn’s ongoing mission to meet global client demands for speed and cost. This key phrase—speed and cost—captured the core of his message throughout the forum. Although he kept the specific details of the African deal under wraps, Wu emphasized that Africa offers new potential for efficiency and global reach.
Foxconn is not only expanding geographically. It is also rapidly evolving its semiconductor strategy. Wu stated that Foxconn prioritizes applications over raw manufacturing capacity. The company now focuses on integrated chip design, advanced packaging, and high-efficiency testing.
In support of this strategy, Foxconn recently launched a joint venture with two French companies—Thales and Radiall. Together, they plan to break into the outsourced semiconductor assembly and test (OSAT) market. This partnership reflects Foxconn’s pivot toward innovation-driven semiconductor solutions.
Furthermore, Foxconn’s work with India’s HCL Group has cleared a major hurdle. The Indian government approved their plan to build a semiconductor packaging and testing plant. This new facility will focus on software-integrated chip applications. Wu noted that this aligns with Foxconn’s broader shift toward AI and smart solutions.
Wu highlighted another critical milestone—Foxconn’s rising AI momentum. He called 2025 the “first year of AI,” pointing to impressive Q1 numbers. Cloud and networking products made up 34% of the company’s total sales. Even more notably, AI servers accounted for over half of all server shipments.
Foxconn is also transforming its manufacturing systems. The company uses AI to design smarter factories. It starts with digital twin simulations and physical parameter modeling. These tools help test and refine workflows before actual production begins.
Wu described a future where machines design machines. He envisions a closed-loop system where AI builds AI and robots build robots. He believes this innovation will push automation to new heights. It will also further reduce costs and improve turnaround time.
To support all these developments, Foxconn will continue investing in global infrastructure. Its African move is just the beginning. By prioritizing speed and cost, the company positions itself to lead in both AI and semiconductor manufacturing.
Foxconn’s strategy becomes clearer with each step. It blends AI, semiconductors, and automation into one powerful vision. That vision aims to achieve maximum speed and cost efficiency across global markets.
