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Foxconn to Host EV Seminar in Japan to Attract Automakers

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Foxconn (2317.TW) is set to hold an electric vehicle (EV) strategy seminar in Japan on April 9, aiming to strengthen ties with Japanese automakers and suppliers, sources revealed. The event follows Foxconn’s recent deal with Mitsubishi Motors, marking its first EV manufacturing contract with a Japanese brand.

Foxconn’s EV Push

Foxconn, widely known for producing iPhones for Apple and AI servers for Nvidia, has been expanding into the EV market under its Contract Design and Manufacturing Service (CDMS) model. The upcoming seminar aims to deepen understanding of its EV strategy among automakers and suppliers, one source stated.

Jun Seki, Foxconn’s Chief EV Strategy Officer and former Nissan executive, is expected to speak at the event.

Mitsubishi Deal & Industry Impact

Foxconn recently secured an EV manufacturing contract for Mitsubishi Motors, with production aimed at Oceania markets, including Australia, New Zealand, and Taiwan. The deal signals a major shift in Japan’s auto industry, which faces rising competition from Chinese EV makers like BYD.

The Mitsubishi contract represents a significant breakthrough for Foxconn’s five-year-old EV initiative, which had previously struggled with failed deals involving Geely and Lordstown Motors. Analysts suggest the agreement validates Foxconn’s EV manufacturing capabilities and enhances its reputation in the automotive industry.

Nvidia to Invest Billions in U.S. Chip Production Over Four Years

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Nvidia (NVDA.O) plans to invest hundreds of billions of dollars in U.S.-made chips and electronics over the next four years, CEO Jensen Huang told the Financial Times. The company expects to spend around $500 billion on electronics during this period, with a substantial portion allocated to domestic manufacturing.

Huang emphasized that the U.S. AI industry could expand more rapidly with support from government policies. His comments come as Nvidia seeks to address investor concerns about demand for its high-cost AI chips, especially following the emergence of China’s DeepSeek chatbot as a potential competitor.

While Nvidia declined to comment on the FT report, Huang stated that the company can now manufacture its latest systems in the U.S. through key suppliers like Taiwanese chipmakers TSMC (2330.TW) and Foxconn (2317.TW). He also noted an increasing competitive threat from China’s Huawei.

Huang highlighted that TSMC’s U.S. investments significantly strengthen Nvidia’s supply chain resilience. Earlier, at Nvidia’s developer conference in California, he told analysts that orders for 3.6 million Blackwell AI chips from four major cloud firms likely underestimate actual demand, as they do not account for customers such as Meta Platforms (META.O), smaller cloud providers, and startups.

Foxconn Launches ‘FoxBrain’, Its First Large Language Model

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Foxconn, the Taiwanese tech giant known for its role as the world’s largest contract electronics manufacturer, has unveiled its first large language model, named “FoxBrain.” The company announced on Monday that the model is designed to enhance its manufacturing processes and streamline supply chain management. This move marks a significant step for Foxconn in integrating artificial intelligence (AI) into its operations, potentially reshaping how the company handles everything from production workflows to data analysis.

FoxBrain was trained using 120 of Nvidia’s powerful H100 GPUs, completing the training in just four weeks. The rapid development showcases the advanced capabilities of both Foxconn’s infrastructure and the GPUs provided by Nvidia. The model is built on Meta’s Llama 3.1 architecture, which offers robust natural language processing features. This is Taiwan’s first large language model to incorporate reasoning capabilities, and it has been specifically optimized to handle traditional Chinese and Taiwanese language styles, addressing a critical gap for local businesses and users.

While Foxconn acknowledged that there is a slight performance gap when compared to China’s DeepSeek distillation model, the company emphasized that FoxBrain’s performance is still very close to world-class standards. This positions FoxBrain as a competitive force in the rapidly growing field of large language models, demonstrating that Foxconn is capable of developing AI technology with global relevance. The company is clearly looking to position FoxBrain as a versatile tool that can assist not only in internal operations but also in broader AI applications.

Initially, FoxBrain will be applied for internal purposes, focusing on areas like data analysis, decision support, document collaboration, mathematics, reasoning, problem-solving, and even code generation. This wide range of applications reflects the model’s versatility and its potential to drive efficiencies across different sectors of Foxconn’s business. With its reasoning capabilities, FoxBrain could play a key role in automating decision-making processes and improving the overall productivity of Foxconn’s vast manufacturing ecosystem.