Foxconn chairman says new OpenAI partnership is in the works

Foxconn chairman Young Liu said the company is working on a new agreement with OpenAI and will announce it once terms are finalised, after meeting Sam Altman in Taipei. The companies previously teamed up on AI data centre racks, and Foxconn expects double-digit revenue growth next year.

• Young Liu met Sam Altman but gave no details on the talks
• In November 2025 the firms announced joint AI rack development
• Cloud and networking unit hit 51% of revenue in Q2
• Foxconn is expanding six factory buildings in Houston for Nvidia servers