Bloomberg
Foxconn CEO: AI to Drive Consumer Update Cycle
Friday, October 30, 2026
Michael Chiang, rotating CEO of Foxconn, stated that artificial intelligence will drive a new cycle of consumer hardware upgrades. Bloomberg reported his comments on the anticipated demand for AI-enabled devices. Foxconn is a major manufacturer of consumer electronics and components for global technology companies.
Original reporting:
- Bloomberg — Foxconn CEO: AI to Drive Consumer Update Cycle