Foxconn Chairman Young Liu said that the Apple parts manufacturer will step up its plans to tap into the metaverse arena this year, the company told local media on Wednesday.
- Liu labelled 2022 as the Taiwanese tech giant’s “first year of the metaverse”.
- The company sets to incorporate metaverse elements into its product lineups like wearable devices, cloud and data centers, semiconductors, micro-LED displays and content.
- Foxconn is a Taiwanese electronics company that manufactures components for Apple with almost US$90 billion in market capitalization.
- Earlier this month, Foxconn’s computer hardware subsidiary Ennoconn Corporation is set to receive a NT$1.1 billion (US$39.8 million) investment from Google, as the two plan to cooperate on more metaverse projects in Taiwan.