Join The Network

Foxconn and Siemens Partner to Revolutionize Future of Manufacturing

May 27, 2024 | Artificial intelligence

Siemens and Hon Hai Technology Group (Foxconn) have signed a memorandum of understanding (MoU) to advance digital transformation and sustainability in smart manufacturing.

The partnership will focus on enhancing global manufacturing processes in electronics, ICT, and electric vehicles (EV). Together, Siemens and Foxconn aim to build a scalable, efficient engineering and manufacturing ecosystem.

Key areas of collaboration include increasing automation in Foxconn’s facilities, particularly in electronics manufacturing services (EMS) and contract design and manufacturing services (CDMS), Foxconn’s EV business model. The companies will work towards developing the factory of the future by utilizing Siemens’ factory automation technologies and industrial software, including digital twin and AI. Siemens Xcelerator will be crucial in optimizing Foxconn’s workflows, improving efficiency and agility.

Additionally, the partnership seeks to boost Foxconn’s sustainability efforts, aiming for energy savings and a lower CO2 footprint. The collaboration will implement transparent monitoring processes and professional digital solutions, moving towards a more sustainable future in electronics manufacturing.