Foxconn and OpenAI Develop New Collaboration

Foxconn is developing a new collaboration with OpenAI, chairman Young Liu said after meeting the artificial intelligence company’s chief executive, Sam Altman, on October 30. Liu said the companies would announce details once they were confirmed, but did not describe the proposed arrangement or say whether it would involve binding purchases. Liu made the remarks at Foxconn’s annual technology event in Taipei. The announcement signals a further step in the companies’ relationship, which began with a November 2025 agreement to work together on AI data-center hardware. Under that earlier arrangement, Foxconn and OpenAI agreed to design and engineer data-center racks and related equipment. Foxconn said it would manufacture components for U.S. data centers, including cabling, cooling, networking and power systems. The agreement gave OpenAI early access to evaluate the hardware and an option to purchase it, but did not commit the company to orders or financial obligations. The terms of any new collaboration have not been disclosed. Foxconn, formally known as Hon Hai Precision Industry, makes AI servers for Nvidia and is expanding its focus on AI infrastructure. The company has six...