Foxconn Technology Group signed a land development agreement with Kaohsiung City on Friday, committing NT$15.9 billion (US$510 million) to build a new headquarters complex in southern Taiwan.
The project, designated Y15, sits along the city’s planned MRT Yellow Line and will feature a 45-story mixed-use tower alongside a 32-story residential building. Foxconn’s rotating CEO Kathy Yang said the site would eventually house teams working on AI, electric vehicles, battery research, and smart-city applications.
The timeline stretches considerably into the future. Construction is scheduled to begin in 2027, with completion not expected until 2033. That eight-year horizon leaves substantial room for shifting priorities, particularly as Foxconn juggles AI infrastructure buildouts across multiple continents.
Kaohsiung officials noted that Foxconn has poured NT$25 billion (US$800 million) into the city over three years, including a computing center and electric bus operations. The Y15 development would consolidate those scattered operations under one roof.
The announcement comes as Foxconn deepens its pivot toward AI server manufacturing and data center equipment. The company recently secured approval to invest an additional $569 million in Wisconsin operations and is building Taiwan’s largest supercomputer with Nvidia, expected to come online in 2026.
Whether the Kaohsiung headquarters maintains its current scope through 2033 remains an open question.
