Foxconn, a leading contract manufacturer from Taiwan, is shifting its focus within the United States. The company has decided to repurpose its factory located in Lordstown, Ohio, originally bought from Lordstown Motors in 2022. Recognizing the challenge of low electric vehicle demand and excess production capability in North America, Foxconn aims to enhance its capacity to produce AI servers on American soil. Recent reports suggest Foxconn’s strategic move aligns with its global AI datacenter aspirations, further strengthened by a partnership with TECO Electric & Machinery. This decision reflects Foxconn’s commitment to expanding its AI hardware offerings for companies like Apple and other US clients. However, its endeavors in creating a reference platform for electric vehicles now remain uncertain due to changing market dynamics.
Foxconn Transforms US Plant from EVs to AI Servers
