Foxconn and Teco Electric & Machinery unveiled a strategic alliance on July 30 via a share swap deal, marking a shift in focus toward the booming global AI data center (AIDC) industry. Contrary to earlier speculation about electric vehicle powertrain collaboration, the companies are teaming up to develop standardized, modular AI data centers. Their debut project is expected to tie into the US-led "Stargate" initiative, a large-scale AI infrastructure buildout.
Chief Telecom posted a record-high first-half 2025 revenue of NT$2.08 billion (approx. US$70 million), an 18.7% increase from NT$1.75 billion a year earlier, fueled by growing demand for AI-optimized data centers. The figure nearly equals the company's full-year revenue in both 2019 and 2020, underscoring a sharp growth trajectory.