Beijing/Taipei — Hon Hai Precision Industry chairman Terry Gou, best known for assembling Apple’s iPhones, plans to increase focus on artificial intelligence (AI) and big data over the next few years as he seeks to transform the contract manufacturer into a more influential force in the global technology industry. At an annual gathering in Taipei for employees and their family members, Gou said the company had a great deal of work to do through 2020 to adapt to the sector’s new realities. He will expand investments in AI, automation and the Internet of Things (IoT) to position his firms even more centrally in the tech supply chain. The comments came a day after a Hon Hai unit, Foxconn Industrial Internet, said it expects to spend 27.3-billion yuan on next-generation projects and hold an initial public offering in China. Those efforts will include cloud computing, IoT solutions, AI manufacturing and fifth-generation wireless technologies, the firm said in an application prospectus on...
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