Taipei: Hon Hai Precision Industry Co. has been named one of the 100 most influential companies in 2026 by Time magazine, which described the Taiwan-based manufacturing giant "as one of the most important players in AI." According to Focus Taiwan, Hon Hai, also known as Foxconn on global markets, has become "a major assembler of Nvidia's flagship GB200 servers -- the most sought-after hardware in the industry -- placing it in a critical position within the AI supply chain." The company has been placed in the "Innovators" category on the latest annual list. Time magazine highlighted Hon Hai's strategic move deeper into design and engineering, emphasizing the development of proprietary components such as liquid-cooling systems and high-speed connectors. This shift signifies the company's expansion beyond contract manufacturing toward a broader role in AI infrastructure. Currently, Hon Hai holds around 40 percent share in the global AI server market, according to Time. According to Hon Hai, this marks the six th year that the company has been named as one of the 100 most influential companies by Time. Additionally, it has been recognized among the inaugural Time 100 Companies Industry Leaders this year. In response to this accolade, Hon Hai Chairman Young Liu stated that the honor "reaffirms the direction Foxconn is heading in -- to become a comprehensive, world-class enterprise, with AI as its driving force."