What happened

Foxconn Chairman Young Liu took questions from reporters in Taipei. Liu said the company is working on a new partnership with OpenAI and that he met OpenAI CEO Sam Altman earlier the same day.

Few details

Liu did not say what the two companies are discussing. He said Foxconn would announce the agreement once the terms were finalised, leaving the scope, timeline and size of any deal unknown for now.

Why it matters

Foxconn is one of the world's largest electronics manufacturing partners, while OpenAI is expanding beyond AI models into hardware and data centres. A tie-up could point to closer cooperation on AI hardware and production capacity, though nothing has been confirmed at this stage.

What we know so far

  • The meeting took place in Taipei on Friday, 30 October.
  • Liu and Altman met the same day.
  • The terms and scope of the agreement were not disclosed.