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The Economic Times
The Economic Times

Hon Hai to direct 2026 capital expenditure toward global AI expansion

Taiwan-based Hon Hai Precision Industry Co. announced that its capital expenditure for 2026 will focus on expanding artificial intelligence production, while allocating funds to strengthen global research and development as well as manufacturing operations, particularly in the United States, according to a news report by Focus Taiwan.

Speaking at an investor conference, Hon Hai's rotating chief executive officer Michael Chiang reiterated the company's capital expenditure growth target of over 30 per cent for 2026, saying it will continue to expand production capacity of critical AI devices such as AI servers, AI racks and liquid cooling equipment.

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