Apple Assembler Foxconn Partners with TECO to Enter $1 Trillion AI Data Center Market Amid Canon Chip Plant and Automotive AI Trends

Taiwanese electronics manufacturer Foxconn, known primarily as Apple's main assembler, has entered the artificial intelligence (AI) data center market through a strategic alliance with TECO Electric, a motor maker. This partnership aims to advance Foxconn's push into AI hardware by offering integrated solutions for next-generation data centers. The move marks Foxconn's entry into the rapidly growing AI infrastructure sector, which is valued at around $1 trillion. In related industry developments, Canon is capitalizing on the AI boom by opening its first chip equipment plant in 21 years. Meanwhile, automotive dealership groups are increasingly adopting AI technologies and centralized operational models to improve efficiency and customer experience. For example, Fox Motors has implemented AI to manage after-hours leads and monitor customer reviews internally, reducing reliance on external consultants. Additionally, some dealership groups are shifting toward operator-led models that grant general managers greater autonomy to enhance store performance and accountability.