taiwannews.com.tw

Foxconn US Unit Buys Santa Clara Land for AI Expansion

Foxconn (Hon Hai Precision Industry) logoFoxconn (Hon Hai Precision Industry)
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Foxconn’s US subsidiary Q-Edge bought two plots and a factory in Santa Clara, California, spending NT$1.77 billion (about US$55 million) for roughly 10,000 square meters to expand its AI business. The location near major chip makers could enable joint R&D with key clients. Foxconn also increased capital for Q-Edge and is expanding in Taiwan, Mexico and Vietnam.

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